Interest Rate Ranges: Quoted Past 60 Days

In the last 60 days, our team has seen an uptick in new requests and lenders going to bat as they sit on capital they’d like to put to work. Spreads continue to be very tight, with movements in coupons reflecting directly any movements, positively or negatively, in Treasuries. The market remains highly liquid and also highly transparent, with best rates inuring to industrial and multifamily, with retail, medical office, and self-storage close behind.

Persistent concerns over inflation have lessened very slightly in light of recent core inflation data, though headline risk tied to the ongoing Middle East conflict is keeping borrowing costs elevated, at least for the time being.

Previous Average Interest Rate Quotes:

June 2026
May 2026
April 2026
March 2026
February 2026
January 2026
December 2025
November 2025
October 2025
September 2025
August 2025
July 2025
June 2025