With so much market upheaval and interest rate changes, you need to fully understand the lending environment before going forward with deals. To tackle this subject we welcome back James Eng, a mortgage broker who has originated over $800 million in multifamily loans. Early in our conversation, James provides an overview of how the lending landscape has changed due to COVID and recent rates changes. After talking about the ways in which the market has normalized, James reveals that while the cost of deals is the same, that the cost of debt has gone down. We explore what this means, along with the definitions and connections between cap and interest rates. --Our gracious sponsor: A Cost Segregation Study typically generates accelerated depreciation deductions ranging from 15% - 45%; Whether Commercial Real Estate was acquired, built-new, or renovated over the past 15-years, a Cost Segregation Study can still be performed…and there’s no amending of past tax-returns required; All Cost Segregation Providers are NOT created equal…if your Provider does NOT have a Certified Cost Segregation Professional (CCSP) on-staff, then you’re at higher risk of a failed IRS audit; There are ONLY (43) Certified Cost Segregation Professionals (CCSPs) in the entire United States…(8) CCSPs are employed by Bedford. Visit www.bedfordteam.com