May 28, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Housing is health: Impacting the health of our communities with healthy housing.
Rate Desk Notes May 28, 2020
- Indices down
- Crude $33.55
- UST yields .695-.70
- Corporate bond 10-week high (1.469%)
- 223(f) 2.50%
- 221(d)(4) 3.15%
- Fannie 3.17%
- Freddie 3.20%
- Combining hospitals with multifamily
- Housing is health concept
- Correlation of health and location
- Hospitals with land + MF = good combo with or without LIHTC
- Fixed rate pricing equivalent to investment grade AA rating