Oct 1, 2022
RETRADE 2.0 could be happening now with rising interest rates.
Interest rates have risen significantly over the last 6 months. Can
you remember what short term rates were in October 2021? SOFR was
.05% in October....today its 2.98%. Long term rates, like the
10-year treasury, in October 2021 was 1.47% and now its almost at
4%. Do you think property values have changed? Apartment values
that initially changed in May-June 2022; are changing again. Buyers
that are under contract today…are considering re-trading to a lower
purchase price with the seller because rates have been going up
even higher than 90 days ago. Listen to what is happening
Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.
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