Lending Advice From the Pros
Want to get a jump-start on upcoming deals? Meet the major San Francisco players at one of our upcoming events!
Investment studs headed to Bryan Cave's 25th floor office at 560 Mission last week for a real estate outlook luncheon (intel and sandwiches were both free). What's keeping banks up at night? Unsustainably low interest rates, which affect their interest margins, and the spread of San Francisco apartment cap rates over the 10-year Treasury is starting to narrow (deja vu 2007). We caught up with speakers Bob Morehead and Howard Noble from San Francisco-based First Republic Bank, which is growing its Boston and New York markets.