https://flic.kr/p/D7zYy1The housing market and the apartment market are not moving the same right now. Single family foreclosures are going up, but that is mostly a return to normal. Apartments are under more pressure. Delinquency rates on multifamily loans have climbed, with some segments near 7 percent. The issue is not the property. It is the […]

I am reading that between $875 billion and $1.5 trillion in commercial debt is maturing this year. And that is what I am seeing. I talk to commercial borrowers every week who took out five and ten year loans in 2016 and 2021 when rates were low and banks were lending freely. They are coming due […]

I recently spoke with a borrower who was trying to buy a business. Good credit. Solid W2 income. Money to put into the deal. But the bank still declined it. Why? It didn’t fit the bank’s credit box. They don’t lend on start-ups or borrowers with visa status. This is where I see deals fall apart […]