Sentences with phrase «basis points over»

In sum, the serious delinquency rate, the portion of loans either 90 or more days late or in the foreclosure inventory decreased by 108 basis points over the past year.
Home prices have risen in many markets, and interest rates on a 30 - year fixed - rate mortgage have increased 28 basis points over the past year.
As Figure 1 below illustrates, the percentage of all loans past due fell by 84 basis points over the past four quarters.
The foreclosure inventory fell by 84 basis points over the past four quarters.
The loan featured a floating rate of about 300 basis points over LIBOR and covered about 70 % of the over - $ 100 million (about $ 314,500 per unit) development.
The loan featured a floating rate of about 300 basis points over -LSB-...]
Cap rates for central business district office properties dropped about 100 basis points over the past six months to average 6.5 % at the close of the third quarter.
The terms of the facility remained the same, with an interest rate of 100 basis points over LIBOR or the prime rate.
Cap rates in California, for example, have dropped 150 basis points over the past 12 months and they now hover in the low 7s.
CMBS lenders that are still quoting deals have increased spreads from 105 to 120 basis points over the 10 - year Treasury yield to about 200 basis points over the past few months.
«In response, Treasury yields fell about nine basis points over the week, with some larger day - to - day swings along the way.»
That was an increase of 40 basis points over the previous week's average.
In October, the vacancy rate at single - family rentals included in single - borrower securitizations rose by 20 basis points over the month prior, to 5.2 percent, according to Morningstar Credit Ratings.
The «flight to quality» by investors seeking a safe haven for their funds drove Treasury bond rates down to historic lows, sending CMBS rates shooting up by as much as 100 basis points over Treasury bonds.
Income returns on both office and multifamily properties are expected to increase by 20 basis points over the next two years, ending up at 4.7 percent.
Life insurance company portfolio delinquencies remained unchanged at 0.01 % in the two quarters, while banks and thrifts reported commercial real estate mortgage delinquencies of 1 % in the first quarter this year, an increase of 20 basis points over the rate at the end of 2007.
The GSEs — Fannie Mae, Freddie Mac and HUD — continue to provide attractive apartment financing terms and rates: Loan - to - value ratios are currently 70 percent to 75 percent and 190 to 220 basis points over Treasuries.
Conduit interest rates depend largely on the yield that investors demand for CMBS, which spiked up in May for AAA - rated CMBS from about 80 basis points over the swap rate to about 130 basis points in July, according to data from Commercial Mortgage Alert.
Nearly two - thirds of respondents (68 percent) expect continued improvement in national office occupancies, with a mean improvement of 14.8 basis points over the next 12 months.
Capitalization rates have risen between 50 and 200 basis points over the past year and range from 7 % to 9 % - plus, depending on the tenant's credit quality, the asset and location.
That's up 400 basis points over the past five years.
This is a slowdown of 20 basis points over the previous quarter and 40 basis points year over year.
The average Class A vacancy rate in the CBD increased 150 basis points over the quarter from 18.7 % to 20.2 %, and the average Class B vacancy rate in the CBD increased 40 basis points from 28.3 % to 28.7 %.
That is up 900 basis points over the past six years.
Tucson's industrial vacancy continued its positive trajectory, improving by 50 basis points over Q2 2016 to end at 8.1 %, the lowest level recorded since Q4 2008.
AAA spreads on conduits that closed in Q3 clocked in between 88 basis points and 96 basis points over swaps, down from a range of S +91 and S +110 on deals that closed in the second quarter.
The 15 - year average rose to 3.24 % this week, a jump of two basis points over last week.
One was even at 150 basis points over swaps while the winning bid was at 135 basis points over swaps (albeit with only five years of interest only).
While the conduit quotes were clustered in the 180 - 185 basis points over swaps for a 10 - year interest - only loan, the life companies were well inside that range.
The comparable tranche of a deal completed two years later pays just 90 basis points over swaps.
Colony American Finance 2015 - 1 featured a AAA - rated, $ 168.2 million tranche that pays 170 basis points over swaps.
The premium paid on CMBS rated BBB -, the lowest investment - grade level before junk, has tumbled 105 basis points over the last month, more than 10 times the spread compression of investment - grade corporate bonds, Edward Reardon and Simon Mui wrote in a note dated Aug. 2.
For example, a bridge loan might be 350 or 450 basis points over LIBOR compared to a bank loan that might be 100 basis points cheaper, notes Eyzenberg.
In addition, banks now often charge a spread of more than 300 basis points over LIBOR, up from spread of 175 to 200 basis points two years ago.
Most of the bridge loans Grandbridge arranges are for non-bank, non-recourse institutional deals on core, core - plus and value - add projects with pricing ranging from 250 to 700 basis points over LIBOR.
The vacancy rate in the MOB sector is currently at 9.7 percent, representing a drop of 20 basis points over the past 12 months.
Shopping center owners can get a short - term floating rate at a spread of 160 to 300 basis points over LIBOR, which at mid-June came in about 1.06 percent for a three - month LIBOR (London Inter-Bank Offered Rate).
«The 30 - year mortgage rate rose two basis points over the week to 3.91 percent,» says Becketti.
«We just made a deal at 215 basis points over LIBOR,» he notes.
Indeed, the 2 - to 30 - year yield curve steepened by more than 100 basis points over this time last year, bringing fixed - rate yields down to unheard of borrowing levels, says Todd Everett, managing director at Des Moines, Iowa - based Principal Capital Real Estate Investors.
In addition, demand for retail has been so hot that the property sector has been priced at a premium some 25 to 50 basis points over office and industrial, Blankstein notes.
Cap rates are now up 50 to 100 basis points over 2007, when Class - B assisted living properties [were trading] at 8 % to 8.5 %, and independent living at 7.5 % to 8 %.
For example, in February, Invitation Homes closed a $ 917 million, seven - year mortgage loan with an interest rate that will float 124 basis points over LIBOR.
These firms are looking for deals and offer spreads on their loans that range anywhere from 500 to 800 basis points over LIBOR.
Cap rates on single - tenant net leases, particularly in the dollar store sector, stood at 6.65 percent in the second quarter of 2016, an increase of 15 basis points over the second quarter of 2015.
In February, for example, Mesa West issued a CDO in which bond buyers acquired 90 % of the lender's loans at 36 basis points over LIBOR, Friedman says.
Meanwhile regional mall vacancies rose by 10 basis points over the prior quarter to reach 5.9 %, and asking rents increased 0.4 %.
Whereas six months ago spreads ranged from 150 to 175 basis points over 10 - year Treasuries, today they are fluctuating between 200 and 300 basis points (100 basis points equals 1 %.)
In the third quarter, the national vacancy rate for shopping centers reached 8.4 %, an increase of 110 basis points over the same period a year earlier, according to real estate research firm Reis.
As a result, cap rates on government assets have compressed as much as 100 to 150 basis points over the past 12 to 15 months, Sager estimates.
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