This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
33
Bridge Loan Bubble in the Multi Family Market? Nationwide
Post Body
Anyone else starting to see large amounts of defaults in the multi family sector?
Specifically properties that were purchased using bridge loans between 2020 and 2022.
Some of them came with 12 months extensions and other alternatives investors have been taking is private credit lenders with rates as high as 18%.
Bridge loans have been packaged in CLOs to where I’ve seen some with over 70% defaults .
Comments
You are dumb to say 70% default in CLO’s. That alone just tells me this is just an uneducated take
Author
Account Strength
90%
Account Age
4 years
Verified Email
Yes
Verified Flair
No
Total Karma
18
Link Karma
18
Comment Karma
n/a
Profile updated: 16 hours ago
Subreddit
Post Details
We try to extract some basic information from the post title. This is not
always successful or accurate, please use your best judgement and compare
these values to the post title and body for confirmation.
- Posted
- 1 year ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/CommercialR...