A California Perspective: Real Estate Principals Navigate the Current Lending Market

MICHAEL MORRIS | April 23, 2020

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Early in 2020, the market was extremely liquid for real estate investors and operating companies. Interest rates were relatively low, asset values were high, unemployment was low, and there was little inflation—overall, the market was performing well. And then the lending market began to change in March in response to the COVID-19 pandemic. The number of defensive draws by companies to preserve their liquidity has been unprecedented, and the number of loans has drastically increased. Other forms of capital have slowed due to the inability to forecast risk. It’s a challenging time for real estate companies to stay abreast of market trends, as well as quantify the current and anticipated business impacts in this dynamic environment. With data constantly changing, how are real estate companies navigating this seemingly open-ended period of uncertainty?  On April 17, EisnerAmper hosted a “Real Estate Principals Virtual Roundtable” with the Bay Area Council, Kennedy Wilson, and Wells Fargo. This online event provided a forum for industry leaders to share their experiences regarding the current lending market and to hear first-hand from their peers regarding how they’re navigating the current environment. Here are some key takeaways from that discussion.

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Fairway America

Fairway America is the nation’s leading authority in the small balance real estate pooled investment space, offering advisory, consulting, administration, and investments, serving the needs of both fund managers and accredited investors. Our preferred fund structures include: Commercial and investment real estate loan origination (Mortgage Pools). Distressed real estate debt acquisition. SFR acquisition, rehab and flip models. Any real estate based asset models considered case by case

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Fairway America

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