Commercial real estate lending improved in the third quarter as stabilizing borrowing costs and tighter credit spreads helped bridge pricing gaps between buyers and sellers and boosted deal activity, according to CBRE, Dallas.
Tag: Commercial Lending
COVID-19 Pandemic to Cause Commercial/Multifamily Lending Pullback This Year
Commercial and multifamily mortgage bankers are expected to close $248 billion of loans backed by income-producing properties this year, a 59 percent decline from 2019’s record volume of $601 billion, a new Mortgage Bankers Association forecast said.