While the consensus was that the Fed would press pause on future rate hikes, it seems that we should be bracing ourselves for more increases as employment and wages are persistently higher than expected. Despite the road ahead looking bumpy for CRE, we continue to be optimistic as both debt (non-traditional) and equity are aggressively looking to transact as more opportunities arise.

The post SCP Q2 2023 Economic Snapshot appeared first on Satori Capital Partners.

Having said that, we’re seeing a substantial increase in bridge and sub-debt requests which debt funds and family offices are pouncing on – it’s time to put all of that opportunistic capital to work. This has allowed us to remain optimistic and continue to structure financings that are accretive to our clients. 2023 is going to be an interesting year.

The post SCP Q1 2023 Economic Snapshot appeared first on Satori Capital Partners.

In this report we want to share our findings from a handful of projects we’re currently working on. We hope this provides some guidance to borrowers and investors, as the financing market continues to digest both the economic data that is coming out as well as the Fed’s rate decisions.

The post SCP October 2022 Market Intelligence appeared first on Satori Capital Partners.

In this report we want to share our findings on one of our latest assignments and hopefully impart market intelligence that will shed some light on what lenders are willing to do.

The post SCP July 2022 Market Intelligence appeared first on Satori Capital Partners.

Being an active advisor to both developers and owners/operators, we have seen the shift in attitude towards borrowing and underwriting new acquisitions. On the one hand, borrowers are quick to accept a “decent” offer while on the acquisition side they are more conservative with their financing and exit assumptions.

The post SCP Q3 2022 Economic Snapshot appeared first on Satori Capital Partners.

However, this volatility also presents opportunity, as lenders and investors are recalibrating their strategies and are anticipating more recapitalizations and acquisition of NPL’s. As we continue to help our clients navigate these choppy waters, it is interesting to see if the Fed achieves its “soft landing” or if we are heading into a 1970’s type stagflation.

The post SCP Q2 2022 Economic Snapshot appeared first on Satori Capital Partners.

This has had a direct impact on all types of financings as lenders of all stripes have been forced to increase spreads and include an uncertainty premium to all bids. Borrowers on the other hand are being forced to reconsider their financing strategy, if not scrap it all together and sit on the sidelines to wait out the storm; if they are fortunate enough to have that option.

The post SCP January – February 2022 Economic Snapshot appeared first on Satori Capital Partners.

In this report we want to share our findings on one of our latest assignments and hopefully impart market intelligence that will shed some light on what lenders are willing to do.

The post SCP February 2022 Market Intelligence appeared first on Satori Capital Partners.

In this report we want to share our findings on one of our latest assignments and hopefully impart market intelligence that will shed some light on what lenders are willing to do.

The post SCP January 2022 Market Intelligence appeared first on Satori Capital Partners.

However, assets have been performing well which has given lenders (both senior and subordinate) more confidence to pursue deals they wouldn’t have the prior 18-24 months. The same holds true for mid-market transactions/projects, with lenders actively looking to put new loans on their books while also tweaking pricing and leverage to almost pre-pandemic levels.

SCP has started the year with a healthy pipeline of construction and bridge assignments which have been well received by the market. Despite the headwinds and noise we remain optimistic for 2022 and look forward to helping our clients capitalize their projects and more importantly get back to work.

The post SCP November – December 2021 Economic Snapshot appeared first on Satori Capital Partners.