News & Events
Colorado Real Estate Journal – Libor, A Key Real Estate Lending Rate, Is Nearing Its End
Most commercial real estate loans are made on the basis of a fixed interest rate. But a significant percentage of those loans involve floating rates, which are adjusted up or down periodically. The great majority of floating-rate commercial real estate loans are based on "Libor," the London Interbank Offered Rate. But it appears highly likely that Libor will no longer be available to lenders and borrowers after Dec. 31, 2021.
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