SOFR: Secured Overnight Financing Rate
SOFR, or the secured overnight financing rate, is a rate tied to the cost of interbank Treasury repurchases. The rate has begun to replace LIBOR, or the London
Everything tagged SOFR in the Commercial Real Estate Glossary.
SOFR, or the secured overnight financing rate, is a rate tied to the cost of interbank Treasury repurchases. The rate has begun to replace LIBOR, or the London
Most commercial real estate loan interest rates are currently set by using the LIBOR (London Interbank Offered Rate) as a benchmark. LIBOR is calculated by meas
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