Chandan Economics

Q1 2013 Apartment Financing Trends

Apartment debt yields fell below 9.0 percent during the first quarter, as lenders vied for opportunities to originate loans against performing assets with low cash flow risk. Financing cap rate and interest rate spreads both narrowed.

Special Report on Apartment Lending and Credit Risk

Even as underwriting holds to in-place cash flow, historically low-cost financing and the competitive overlap between agency and non-agency lenders are driving exit risks for new loans. These risks are largely mispriced by conventional credit risk models.

Q4 2012 Bank Default and Lending Report

Banks' multifamily and commercial property default rates fall. Biggest jump in net lending in four years.

Measuring Agency MBS Risk

Using the same models applied to bank and life company loans, the Agency Loan Analyst report quantifies potential default and loss severity across each new issue's loan pool.

Lending Trends Data & Reports

Based on Chandan Economics' database of new multifamily and commercial real estate loans, originated across balance sheet, agency, and conduit lenders.

LATEST RESEARCH & REPORTS
May 8 | National Commercial Debt & Investment Trends (Industrial, Office, and Retail) Q1'13 Report | Summary
May 3 | National and Metro Apartment Debt & Investment Trends Q1'13 Reports
May 2 | RELA–Chandan Survey of Commercial Real Estate Lender Sentiment Q1'13