Sponsors, thoughts on Bridge & variable rate debt on new deals right now?

[Kyle Curtin]

Hi everyone!

   I am sure the title caught a good amount of eyes because of our current debt environment. I was curious if anyone is even considering using variable rate debt now to fund acquisitions. Our team personally stays away from variable rate debt in our syndications (at least thus far) and just sticks to fixed debt and leveraging solid relationships with local credit unions on our larger local multifamily projects.

What are your thoughts?

Have a kickass day today!

Kyle :)