In our 9th Episode, I have the fortune of interviewing Jeremy Nussbaum from Walker & Dunlop - one of the largest commercial real estate finance companies in the US.
We got to cover:
- How Jeremy got into the financing market
- Current Market Environment Post-COVID
- Which sectors have been star performers
- Changes lenders should be aware of with debt originations? (reserves requirements etc)
- Current Valuations - has the agency environment changed their view of property valuations on assets?
- Have you noticed any changes in debt covenants or sponsor requirements?
- How many clients have been making use of forbearance and what the process has been like?
- How Walker & Dunlop's balance sheet financing works & where it fits into the business
- Where he sees the most value in the market right now, when it comes to lending terms?
- Interest Rate
- LTV
- Term & Amort
- IO
- His thoughts on if the market is going to face some severe struggles & whether there will be good deals in the near/medium term
- Learnings from his time in the industry
- What are your top 3-4 pieces of information to look for when getting comfortable with a market and submarket?
- What's the 2 Most important things you've learnt when it comes to financing being in the industry?
