The New Reality of Market Cycles & Lending Strategy with Gil Figueroa Part 1 #955
In this episode:
- Bruce welcomes Gil Figueroa, President of First Commercial Capital.
- Gil shares his 30+ years of experience in commercial and multifamily lending.
-Bruce explains how a unique VA property deal led him to study real estate cycles.
-Why interest rates alone don’t determine housing prices.
-How the 10-year Treasury helps forecast market direction.
-The role of human behavior (fear and greed) in market cycles.
-Gil discusses Elliott Wave analysis and its impact on his forecasting.
-Lessons from the 2007–2008 housing crash and risky lending practices.
-Why Gil exited residential lending and shifted to commercial real estate.
-Key differences between residential and commercial loan structures.
-How rising interest rates impact cap rates and property valuations.
-Why affordability is shaping today’s real estate market.
-The “lock-in effect” of low mortgage rates on homeowners.
-Overview of commercial loan types and refinancing challenges.
-Why some investors avoided long-term fixed loans before rates increased.
-The “extend and pretend” strategy lenders are using today.
-Emerging distressed opportunities in select real estate markets.