Yields, Spreads, and the Price of Risk: Understanding the Cost of Capital in Today’s Market

Update: 2025-07-03

Description

Bond yields are bouncing and lender sentiment is shifting. In this episode of HFO’s Multifamily
Marketwatch, Michael Pierce breaks down the recent Treasury market volatility, explains the
role of credit spreads in loan pricing, and shares what multifamily owners and investors need to
know to navigate today’s cautious lending environment.

Comments

In Channel

HFO Multifamily Marketwatch - June 5, 2023

2023-06-0506:59

HFO Interview with Isaac Jones, CPA with Perkins & Co., discussing the evolution and benefits of Opportunity Zones

2025-10-2321:03

HFO Interview with Tom Rinehart - Executive Director of Oregon Smart Growth

2025-10-1619:09

HFO Interview with Andrea Bell - Director of Oregon Housing and Community Services

2025-10-0918:48

3Q 2025 Oregon and Southwest Washington Multifamily Market Updates

2025-10-0211:40

Q3 2025 Washington Multifamily Update

2025-09-2605:29

Can Vacant Offices Become Housing? What Developers Need to Know

2025-09-1817:15

Why Investors Should be Bullish on Portland’s Economic Outlook

2025-09-1219:17

Builders’ Remedy in Oregon? Lessons from California’s Bold Housing Law

2025-09-0512:52

Washington’s Big Shift: Clean Buildings, Parking Reform, and Transit-Oriented-Development Incentives

2025-08-2805:56

Oregon Housing Acceleration: New Laws, Lease Changes, and Why Portland’s Back

2025-08-2104:47

Multifamily Lending Outlook: 2025 and Beyond

2025-08-1524:49

Portland’s Vacancy Tax Proposal: Quick Fix or Quagmire?

2025-08-0704:58

Portland Multifamily Market Q2 2025: Stabilizing Fundamentals, Suburban Strength, and a Pipeline Slowdown

2025-07-3106:03

Oregon Housing Policy: Wins & Woes for Landlords

2025-07-2418:30

Washington Rent Control & Lease Changes: What Owners Need to Know

2025-07-1921:07

Affordable Housing on the Brink: Seattle’s Crisis & Portland’s Pivot

2025-07-1005:56

Yields, Spreads, and the Price of Risk: Understanding the Cost of Capital in Today’s Market

2025-07-0306:52

Washington’s Apartment Squeeze: Permits Plunge as Residents Flee High Costs

2025-06-2604:33

Permits Down, Pressure Up: Oregon’s Housing Reform and the Future of Multifamily Supply

2025-06-2206:34

00:00

Yields, Spreads, and the Price of Risk: Understanding the Cost of Capital in Today’s Market

#box-pro-ellipsis-176135251477810{-webkit-line-clamp:2;}Yields, Spreads, and the Price of Risk: Understanding the Cost of Capital in Today’s Market

Yields, Spreads, and the Price of Risk: Understanding the Cost of Capital in Today’s Market

hfo

Yields, Spreads, and the Price of Risk: Understanding the Cost of Capital in Today’s Market