Retail Rebound
After years of cautiousness, institutional money is trickling into the retail sector. Amid the pandemic, retail space’s resilience demonstrated its occupancy, tenant-demand rebound and rent growth strength. Today, owing to the high costs of capital and a lack of new construction, shopping center foot traffic is on the rise, and vacancies are minimal. During Q2 […]
Interest-Rate Caps
Real estate investors with floating-rate loans will purchase rate caps as insurance from rate hikes and increased debt service. In fact, many commercial mortgage-backed security (CMBS) lenders will require their borrowers to purchase rate caps. If the Secured Overnight Financing Rate (SOFR) rises above a predetermined strike rate, the cap is considered “in the money,” […]
Current Commercial Real Estate Market Conditions
Any historian worth their salt will tell you that history repeats. Patterns of similar thought and behavior can be identified throughout human history across cultural and generational boundaries. The same applies from an economic standpoint. Markets are cyclical, and there is much to learn from the past. Luckily for us, in 2023, we can observe […]
BayBridge Real Estate Capital Announces Addition
NEW YORK, April 10, 2023 – BayBridge Real Estate Capital today announced that Sam Talkow joined the firm as director of equity services. Talkow has specialized experience in real estate debt and equity originations and underwriting. Throughout his career, he has been involved in high-profile deals, including asset and business risk management and sourcing capital […]
CMBS Trouble
Commercial mortgage-backed securities (CMBS) are investment products that offer liquidity to commercial lenders and real estate investors by using mortgages on commercial properties as collateral. These fixed-income investments provide a relatively reliable source of income to investors while also providing financing opportunities to commercial lenders. However, in 2023, the reliability of CMBS is deteriorating in […]
BayBridge Real Estate Capital Arranges $131.72 Million For Florida College Campus
NEW YORK, March 20, 2023 – BayBridge Real Estate Capital secured a $131 million loan for Everglades College, the parent entity of Keiser University, to purchase nine suburban office properties in South Florida. The loan enabled the institution to acquire approximately 543,000 square feet of space that it occupies for classrooms, labs and administration offices. […]
Is Your Bank Running? You Better Go Catch It…
It’s bidding day! The FDIC is selling Silicon Valley Bank and Signature Bank, and the bids are due today. Only bidders with existing bank charters (and a little luck o’ the Irish) will be given access to the bank’s financials, when deciding whether to make an offer. This gives existing lenders the upper hand on […]
