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Harris Commercial Capital Advisers

Providing commercial mortgage services to small to mid-sized investors

Marc to Market (1/20/10)
Wednesday, January 20 2010 00:00

New Year. New Lenders.

US Treasury rates backed off from their recent highs based on weaker than expected U.S employment, fears that China’s lending curbs will brake global growth and a search for a safe haven with equity prices dropping.

Banks have gotten new allocations of capital for the New Year, and we have more of the smaller community banks quoting loans and sending out rate sheets than ever. In the last week, one old friend is back in the market as well as a new face that comes highly recommended.