Check out Sharestates’ own Executive Director of Business Development, Michael Ramin in a discussion regarding the latest developments in Private Lending at the NYC Real Estate Expo. They will dive into what’s changed in the last year due to COVID-19.
- Interest rates on both bridge loans and rental loans have dropped since 2020.
- Borrowers are trying to use new methodologies to find properties since they are seeing low inventory on a national level.
- Larger investors are coming into the private lending space because bank rates will start to increase.
- Private lending companies are using better technology making transactions easier and quicker.