IRVINE, Calif., Aug. 18, 2022 /PRNewswire/ — Today, GoDocs, the automation leader in commercial loan document generation, released their "7 Facts: How Federal Interest Rate Increases Affect CRE Multifamily Infographic," which provides a visual guide to quickly understand how changing interest rates may or may not affect the commercial multifamily housing lending landscape.
Any change in market conditions, including interest rate changes, can cause worry within the industry. That is why it is important to unpack facts from fiction and to truly understand current market conditions and what the factual implications of a fractional interest rate increase looks like.
GoDocs has done the legwork, unraveled all the intricacies, and put together an easily digestible infographic that not only provides more context for the CRE multifamily housing market but also breaks everything down into real numbers. That is why this infographic is a valuable resource for anyone with an interest in, or ties to, commercial multifamily housing lending and development.
"Any changes in the market can create anxiety, but it is important to put things in perspective before reacting. That is why we have used our resources and expertise to take a deep dive into what an interest rate hike means for commercial multifamily lenders," said GoDocs CEO Steve Butler. "If you take a look at trends and statistics, it is clear that a nominal increase in interest rates will not significantly slow commercial multifamily housing development projects, especially when considering the need and demand for such housing solutions that we have today."
Essentially, the government has implemented three-quarters of a percentage point increase in interest rates to curb inflation even while the housing crisis continues, and affordable housing is in great demand. These circumstances have culminated to create a unique challenge, but instead of backing away, companies across the country are embracing the opportunity to generate innovative solutions. For this reason, among the other facts discussed in the infographic, CRE projects will continue to operate at a record-setting pace, particularly within the multifamily rehab-to-rent CRE investments.
Be sure to download the infographic and gain a better understanding of the recent past, present, and future of the CRE multifamily market.
GoDocs, the automation leader in commercial loan document generation, offers a next-generation software platform for banks, credit unions, and private lenders that creates a streamlined process for closing commercial loans. The first and only purely SaaS system for automated loan document generation, GoDocs provides lenders with a pay-as-you-go digital solution that requires no training to use. The company has the #1 NPS customer satisfaction score in the industry and is trusted by industry-leading banks as well as community banks, Federal and local credit unions, and private lenders of all sizes. GoDocs is proud to back its solutions with 100% onshore support.
Virginia Bush
VP of Marketing
GoDocs
949.274.7907
342898@email4pr.com
SOURCE GoDocs
