This Is As Good As It Gets to Be a Borrower

LOS ANGELES—With the cheap cost of capital, a pro-deregulation administration and long-term interest rates forecasted to remain between 4% and 5%, it is a really good time to be a borrower—according to speakers on the What to Expect for Capital Markets Under the New Administration panel at RealShare Los Angeles this week. Panelists Michael Klein, principal and CEO of Freedom Financial Funds; Mark Strauss, managing director of Walker & Dunlop; Noah Streit, president of Streit Lending; Gary Tenzer, principal and managing director at George Smith Partners; and moderator Michael Derk, SVP of capital markets at Institutional Property Advisors discussed how the new administration might affect the capital markets.

“There is the possibility of some deregulation,” Tenzer said on the panel. “I don’t know if they are going to get that accomplished, but if they do, it will be a good thing for business.” Streit agreed, adding,” I think you will see lessening of Dodd Frank and decreased lending from institutional banks.” There are also promises to homeowners that things will get easier as a result of reducing some regulations. “In the ling term we are still bullish and we think there is room for growth,” he added