Bravo Capital

The U.S. commercial real estate debt market stands at a critical crossroads as we head into 2025. Over $2.1 trillion in commercial real estate debt is set to mature between 2024 and 2025, creating unprecedented refinancing challenges amid sustained higher interest rates. Meanwhile, traditional bank retrenchment has left significant funding gaps, opening the door for private credit providers to step in. Despite these pressures, select sectors are thriving. Multifamily housing remains a preferred asset class, buoyed by strong renter demand and stable fundamentals, while demographic trends point to immense opportunities in senior housing and healthcare real estate. Our latest whitepaper explores how these dynamics will shape the market, highlighting the critical role of flexible, innovative lending solutions in navigating the "maturity wall" and driving strategic growth.

The Bravo Speaker Series continued this week with Zeke Faham, CIO of Box Equities speaking to Bravo Capital and Bravo Property Trust. We appreciate his insights on the characteristics of a successful real estate transaction and the attributes of a leader in the real estate finance industry.

Welcome to Jacob Savitt, who is joining Bravo Capital and Bravo Property Trust as a Portfolio Manager. Jacob brings strong underwriting skills and deep borrower and broker relationships that will enhance the origination platform at Bravo. His expertise will play a key role in driving Bravo’s growth as a market leading balance sheet lender in bridge, HUD, and mezzanine finance. We are excited about the impact Jacob will have as we continue to deliver best-in-class financings and execution to our clients and partners.

Happy Thanksgiving from all of us at Bravo Capital and Bravo Property Trust! We are deeply grateful for our incredible team members whose dedication and hard work continue to inspire us and set a standard for excellence. Wishing everyone a joyous holiday filled with gratitude, warmth, and memorable moments.

Welcome to Deborah Ginsberg who is joining Bravo Capital and Bravo Property Trust as our new Chief Operating Officer and General Counsel. With a career and track record of excellence, trust, and accomplishment, Deborah embodies Bravo's values and brings deep expertise that will catalyze Bravo's growth as we continue to innovate and expand as a market leader and balance sheet lender in bridge, HUD and mezzanine finance. Her leadership will be invaluable as we pursue our mission to provide best-in-class financings and execution to our clients and partners. We look forward to the achievements and impact we will create together in the coming months. Please find the full press release here: https://lnkd.in/eE5esu-2 #Leadership #Welcome #BravoCapital #BravoPropertyTrust #Growth #Innovation #ExcellenceinRealEstateFinance

Welcome to Deborah Ginsberg who is joining Bravo Capital and Bravo Property Trust as our new Chief Operating Officer and General Counsel. With a career and track record of excellence, trust, and accomplishment, Deborah embodies Bravo's values and brings deep expertise that will catalyze Bravo's growth as we continue to innovate and expand as a market leader and balance sheet lender in bridge, HUD and mezzanine finance. Her leadership will be invaluable as we pursue our mission to provide best-in-class financings and execution to our clients and partners. We look forward to the achievements and impact we will create together in the coming months. Please find the full press release here: https://lnkd.in/eE5esu-2 #Leadership #Welcome #BravoCapital #BravoPropertyTrust #Growth #Innovation #ExcellenceinRealEstateFinance

Very fortunate to have Arash Rebek speak to Bravo Capital's first-year class on the topics of excellence, trust, client advocacy, and his professional journey.

Bravo Capital in the news: Commercial Mortgage Alert quoted Aaron Krawitz, CEO of Bravo Capital and Bravo Property Trust: "It's an opportune time to be a disciplined bridge lender with dry powder. Less competition and higher rates allow for the increased focus on high-quality financings among active lenders."

📉 Federal Reserve Rate Cut Alert 📉 The Federal Reserve has announced another 0.25% cut in the federal funds rate, aiming to support economic growth while there are mixed economic signals. Now could be a strategic time to take advantage of the lower rate climate with a financing. Feel free to reach out if you'd like to discuss how this adjustment might benefit your plans.

HUD has announced draft rule changes that introduce significant revisions to multifamily financing terms aimed at enhancing housing production and responding to current market demands. Key changes include: Market Rate 221(d)(4) and 223(f) transactions: o Reduced Debt Service Coverage Ratio from 1.176x to 1.15x o Increased from 85% to 87% LTC/LTV Affordable 221(d)(4) and 223(f) transactions: o Reduced Debt Service Coverage Ratio from 1.15x to 1.11x o Increased from 87% to 90% LTC/LTV Middle Income Housing 221(d)(4) transactions (projects with 50% of units at 60%-120% AMI): o Reduced Debt Service Coverage Ratio from 1.176x to 1.11x o Increased from 85% to 90% LTC These adjustments, if and when enacted, will enable borrowers to access higher financing capabilities, facilitating the development of both affordable and market-rate housing. HUD emphasizes that these changes are a strategic response to current real estate and financing conditions, reinforcing FHA’s role in promoting housing stability and production. Please note, this guidance is not yet in effect and will undergo a mandatory review period before implementation.   This review is estimated to be completed on or about December 2024, and these changes will apply to all projects that have not yet closed. For more information on the changes and how they can benefit you, contact the Bravo Capital team or Elan Goldberg (eg@bravocapital.com) to start a conversation.