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Welcome to the 2013 Real Estate Economic Forecast update by Bellwether. We extend our gratitude to Integra Realty Resources, CCIM, and more. Explore priority apartments, anchored retail, lending rates, and financing sources.
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Welcome 2013 Real Estate Economic Forecast
Thank you • Bellwether extends its gratitude to: • Integra Realty Resources • CCIM • Louisville Apartment Association • Home Builder’s Association • Each of You
Financing Points - Apartments • Priority • Rates • Lenders
1. Priority • Apartments • Anchored Retail • Industrial
2. Rates • Floors vs. No Floors • Alternative Investments Comparison
3. Lenders • Agencies • Life Companies • Conduits • Banks • Federal, State & Local Sources
Agency Lenders • Fannie Mae • Freddie Mac • FHA/HUD
Life Companies • Higher Leverage • Lower Leverage • Project Quality • Loan Structure
Conduits • Citi & Goldman (S&P Issue) • Pros & Cons Leverage Rigidity Pricing
Banks • Big/Small Banks • Construction / Term Debt • Recourse • Flexibility
Bellwether Enterprise • No Affiliations, Private Company • 12 Regional Offices • $5 Billion Servicing Portfolio • Sources of Financing: Life Companies, Conduits, Banks, Agency (HUD/FHA, Freddie Mac & Fannie Mae), & Other (LIHTC, Construction, etc.) • Property Types: Multifamily, Retail, Industrial, Office, Hospitality, and Other • Contact: Bill Leffew 502-581-9912 x 1 or 502-727-4159