Cap rates for income-producing properties have fallen to 5% or below in many primary markets, including New York, Los Angeles and San Francisco. As a result, borrowers seeking 75% Loan-to-Value (LTV) loans are finding that loan proceeds are constrained below 75% because the property cash flow does … [Read more...] about 4.13.18: How Interest-Only Can Solve DSCR Constraints on a CMBS Loan
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