Ken McBride, CEO of McBride Capital, offers the latest on the apartment lending market, hitting on these key points:
1) Inside the City of Portland land values are decreasing as a result of the inclusionary zoning requirement that took effect February 1st, 2017.
2) Rent control would put pressure on owners attempting to refinance and likely result in higher underwriting rates as well.
3) Portland is on the radar of major lenders and institutional investors seeking to invest in markets currently considered more affordable than other West Coast cities.
4) Current rates and information on Freddie Mac and Fannie Mae lending.
For additional information on lending visit: information on multifamily properties available for sale in Oregon and SW Washington visit
No comments:
Post a Comment