CRE Lending Showing Resilience

The improving economy created a favorable capital markets environment for commercial real estate lending in early 2021 despite continuing challenges in office and retail loan underwriting, said CBRE, Dallas.

Personnel News From Gantry, CBRE

Gantry, San Francisco, expanded its origination and production team with two new professionals working from its Phoenix, Ariz. and Newport Beach, Calif. offices.

Personnel News From CBRE, NorthMarq

CBRE, Dallas, announced Charlie Knudsen and Julie Cook joined the firm’s investment banking division, CBRE Capital Advisors, to scale up its private placement bond finance business for Credit Tenant Lease financings and other types of asset-backed and leased-backed private placement securities.

News in Brief from Eastern Union, CBRE, Luxury Mortgage Corp.

With a demand for a second round of federal Paycheck Protection Program (PPP) loans that will inevitably exceed supply, real estate finance company Eastern Union, Brooklyn, is urging pandemic-wracked small businesses nationwide to get a head start on the loan approval timetable by immediately pre-applying for the program.