RCRE - Understanding Loan Pricing with James Shukis

Will Coleman and Mike Taravella interview James Shukis of City Bank.   Key Information: Lending on single-family homes has accelerated during the last quarter.  New trends in housing show college graduates gravitating towards class A condos and townhomes in metropolitan areas. Why now is a good time to accelerate your debt with lower interest rates. How banks processed PPP loans for small businesses affected by COVID-19 How banks establish their own prime rates as well as use national indices like the Wallstreet Journal Prime Rate. Banks quote deals based on risk and market location. Hedge your pricing by developing strong bank relationships.    Expert Pro Tip: “Measure twice and cut once!” Contact Information: [email protected]  (214) 636-7703 To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre

Episode 111 of the Jake & Gino: Real Estate Investing & Multifamily podcast, hosted by Mike and Will, titled "RCRE - Understanding Loan Pricing with James Shukis" was published on July 22, 2020 and runs 43 minutes.

July 22, 2020 ·43m · Jake & Gino: Real Estate Investing & Multifamily

Summary

Will Coleman and Mike Taravella interview James Shukis of City Bank.   Key Information: Lending on single-family homes has accelerated during the last quarter.  New trends in housing show college graduates gravitating towards class A condos and townhomes in metropolitan areas. Why now is a good time to accelerate your debt with lower interest rates. How banks processed PPP loans for small businesses affected by COVID-19 How banks establish their own prime rates as well as use national indices like the Wallstreet Journal Prime Rate. Banks quote deals based on risk and market location. Hedge your pricing by developing strong bank relationships.    Expert Pro Tip: “Measure twice and cut once!” Contact Information: [email protected]  (214) 636-7703 To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre

Episode Description