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Mr. Britton is a Director in the Real Estate Lending group, where he is responsible for sourcing and underwriting senior and junior capital transactions for MidCap Financial in the East Coast markets. Mr. also leads MidCap Financial’s Life Science & Technology Venture Finance and Real Estate Lending Strategy. Prior to joining MidCap Financial, Mr. Britton held positions at Walker & Dunlop and Colliers International. Mr. Britton holds a BA in politics from Whitman College and a JD from the Georgetown University Law Center.
Business Environment | Economic Trends | Senior Housing
By: Zachary Britton | January 18, 2024
The 2024 capital markets outlook is that much remains the same. Credit is scarce and the capital markets remain unpredictable. Whether the Fed will cut rates in four months, six months, or even nine months, many investors believe that defense is the best offense. The preceding ten years created a fascinating environment with cap rate compression to historic lows and a substantial amount of newly issued debt. Today, the industry is entering a period of transition where cap rates are starting to progress upward, and historic levels of debt are being repriced in a higher cost of capital environment.
