Terrace Capital, Inc.  is an advisory firm and asset manager of private funds. The firm has extensive experience in structuring all debt and equity layers of the capital stack for commercial real estate transactions.

The Firm is a leader in engineering Balance Sheet or CMBS debt/equity solutions for wide range of real estate transactions.

In a shift, Rates are rising........... 

It has been a reliable fact of life for investors, corporations and ordinary borrowers: interest rates, for the most part, keep heading lower.

But all of that may be about to change. For prospective homeowners, the cost of mortgages has been going up in recent weeks. Governments are also facing the prospect of higher borrowing costs down the road, and they are projecting increases to their debt burdens. Savers with money in bank accounts, on the other hand, have the prospect of finally earning more than a pittance on their deposits.

The interest rate charged by lenders, often cited as the single most important factor behind economic decisions, has been steadily going down for most of the time since the early 1980s, and has fallen to historical lows since the financial crisis. Over the last few months, though, investors and banks have been demanding higher payments for their loans, pushing up interest rates and bond yields.

Program Highlights are as follows:

Property Type:  Multifamily, MHC, Office, Industrial, Self Storage, Retail, Mixed-use.

LTV: Up to 80% 

Min DSCR: 1.25x 

Terms: 5-20 Years

Rates: 3.50% and up 

Amortization: 25-30 Years

Rate Lock Period: Up to 18 months

Recourse: Non-recourse

Loan Amount:  $3MM and Up

Transaction Type: Acquisition or Refinance

Program Highlights are as follows:

Property Type:  Multifamily, MHC, Office, Industrial, Self Storage, Retail, Mixed-use.

LTV: Up to 75% 

Min DSCR: 1.25x 

Terms: 2-5 Years

Rates: 8% and up 

Amortization: 25-30 Years

Loan Amount:  $500M-$5MM

Transaction Type: Acquisition, Refinance/ Discounted Payoff/ Re-structuring