PLUM Insights

PLUM Select: New Lending Options Coming Soon!

We’re introducing a simple, permanent, fixed-rate, non-recourse loan that can be prepaid at any time. Learn more about our PLUM SELECT loan program.

 

For information on how our new lending options can assist with your upcoming aquisition or refinance, contact a PLUM Lending Specialist.

PLUM Lending is a full service commercial real estate lender that provides creative structured finance solutions for all property types. We specialize in the capitalization of middle-market commercial real estate properties nationwide with a focus on secondary markets. We provide borrowers with capital through our various direct lending programs as well as access to construction financing, mezzanine capital, and preferred and join-venture equity investments.

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Ensure a Smooth Refinance: Tips for Quick Loan Closings

A quick, smooth loan closing begins before you reach out to a lender.  It’s made possible by understanding the type of documentation lenders look for, and when, and in which format, they need to receive it.    The type of property being financed will influence key documents; however, the following are items that are consistent across…

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Understanding the Structure and Benefits of CMBS Loans

CMBS loans have become popular in 2024 as regional and local banks have slowed or halted new loan production. For those that aren’t as familiar with the CMBS product, the loans are heavily structured and largely originated by lenders with little to no customer relationship. The loans are quickly sliced, diced, pooled and converted into…

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Actions By The Fed Do not Singularly Determine Commercial Real Estate Interest Rates

While the Fed is an important driver in the economy, it isn’t the only factor that shapes long-term interest rates for commercial real estate.  We saw interest rates move independently of the Fed’s actions in the year 2000.  At that time, the Fed had abandoned their two year fight against inflation and turned on its…

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We all could use an extra $800,000

Santa came early for some commercial real estate owners who locked a rate in the past week.   The 10YR US Treasury yields dipped then rallied last week, declining to 4.11% before bouncing back to current levels near 4.25%.  Is this dip and then increase back to the prior week’s levels a sign of a…

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CRE Owners Catch a Break

CRE Owners Catch a Break   This past week, commercial real estate owners caught a huge break.  The 10YR treasury yields fell almost 0.30% throughout the week, and are 0.80% lower than their high of ~5.00% in mid October. Not even Friday’s comments by Fed Chair Powell that “rate cuts are premature” stopped yields from…

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