What terms are you offering or seeing on larger deals?
BP Team -
As the 10 year treasury hovers barely above 2% MF yield spreads have expanded from the dark days of the end of 2018 and early this year. This environment gives a ray of hope and encouragement to the enormous amount of dry powder sitting around waiting to be deployed. In this scenario terms and price are getting even more competitive. With that being the assumed reality I thought it would useful to me and the community to do a quick testing of the waters out there.
What kind of terms are you currently offering for larger (100+ units) MF assets? (DD time, earnest $, any waiving of contingencies?)
If you're currently selling what are you seeing?
Let us know what markets you're active in as well.
Thanks in advance!