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Apartment Developers Looking for Construction Loans Find Willing Lenders
Wealth Management Real Estate, July 13, 2021–Bendix Anderson
With occupancies stable and rents rising, developers are eager to build new apartments. Local and regional banks and even some national banks are happy to provide the right sponsors with non-recourse construction loans almost as much leverage borrowers enjoyed before the coronavirus pandemic.
https://www.wealthmanagement.com/multifamily/apartment-developers-looking-construction-loans-find-willing-lenders?