40 Under 40: Eric Seidel
What is your most notable project, deal or transaction? Every deal is unique. What has made this year interesting is the significant drop in rates. Borrowers are now securing 10-Year Fixed rates under 3.75% for both multifamily and commercial properties. NYC is hurting, but our market remains very strong and will continue for the next 12-24 months. Buyers are in prime position to boost their Cash on Cash returns, and owners can benefit from locking in excellent fixed rates.