Real Estate/Development
Aug. 12, 2003
Financing Good Times to End?
BY MICHAEL GOTTLIEB CREJ Managing Editor If you blinked, you might have missed the fact that the cost of borrowing cash rose significantly in the past several weeks.
BY MICHAEL GOTTLIEB
CREJ Managing Editor
If you blinked, you might have missed the fact that the cost of borrowing cash rose significantly in the past several weeks.
The yield on the 10-year U.S. Treasury note, the benchmark for most commercial real estate fixed rate loans, hit a one-year high of 4.44 percent on July 29, up from a generational low of 3.11 percent on June 13.
As of press time, the yield was holding steady at 4.4 percent on Au...
CREJ Managing Editor
If you blinked, you might have missed the fact that the cost of borrowing cash rose significantly in the past several weeks.
The yield on the 10-year U.S. Treasury note, the benchmark for most commercial real estate fixed rate loans, hit a one-year high of 4.44 percent on July 29, up from a generational low of 3.11 percent on June 13.
As of press time, the yield was holding steady at 4.4 percent on Au...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In