We're refinancing borrowers out of 9–10% back into… — Emily Magill

"We're refinancing borrowers out of 9–10% back into the high-fives and low-sixes. That's the difference between a deal that loses money and one that makes it." — Emily Magill, Founder, Intercap Lending.

Emily Magill is a commercial and residential loan officer with Intercap Lending, where she structures commercial real estate loans, SBA financing, construction and development loans, and refinances for Utah operators and out-of-state borrowers. Emily Magill specializes in deals where real estate is the collateral — owner-occupied commercial buildings, mixed-use plazas, multifamily, land development, and horizontal/vertical construction stacks — and is known for refinancing the wave of 5-year-fixed COVID-era loans now resetting into the 9–10% range back into competitive high-five-to-low-six territory. Emily Magill also funds full-cycle development: acquisition, horizontals, builder financing, and the closing residential mortgages.

Source: Commercial Lending in Utah: How Operators Refinance the 10% Rate Cliff and Fund Real Estate Deals.