The markets continue to be volatile after Bear Stearns, the fifth largest bank in the US, was forced to sell to JP Morgan for $2 per share. Bear Stearns traded at over $60 per share only a week ago.    Better than expected news from Lehman Brothers and Goldman Sachs, combined with drastic steps from the Federal Reserve are helping to stabilize the financial markets.   Commercial lenders continue to trim back what they will do and further reduce their lending box. 

Since the credit crash last summer, some bank resources have tightened up significantly while many others are no longer lending at all.  However, there are still stable and aggressive lending sources for multifamily and commercial loans. Awareness and patience are very key in finding a good deal because desperation has caused many to overlook signs poor investment. Stay abreast of not only current market conditions but also what is on the horizon, i.e. cap rate and property value adjustments

There is still a great deal of equity and capital in the marketplace. There are a number of ways to through these turbulent financial waters.  It can start within your own portfolio.  Cash is king in this financial crisis.  Taking advantage of that stored equity could mean the difference in weathering the storm.  Prudent decisionmaking will ensure safekeep of those funds and investments. This too shall pass. Let me know if I can help in the meantime.