May 27, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. LIHTC perm take-out low loan constant due to low rates but still over-sourced.
Rate Desk Notes May 27, 2020
- Indices up
- Crude $32.78
- UST yields .69
- 223(f) 2.50%
- 221(d)(4) 3.15%
- Fannie 3.17%
- Freddie 3.20%
- LIHTC perm take-out
- Low loan constant due to low rates
- Zero deferred developer fee and still over-sourced
- Start with 223(f) early
- Match size to your needs
- Credits for closed amenities?
- Value-add differentiators?
