April 6, 2020

Bank lenders seem to be proceeding with transactions, however, count on them to focus on the best sponsors, safest real estate assets and strongest markets with conservative terms.  Many banks are increasingly concentrating on their existing clientele and are requiring more depository relationships with those borrowers.  Local and regional bankers seem to still be willing More

Hoteliers will see construction lending slow down drastically while the full impact of the pandemic on the hospitality industry remains to be seen.  Hotels will be the hardest hit, as leisure and business travel are put on hold for the foreseeable future and occupancies are expected to drop into the single digits.  Some lenders will More

Industrial borrowers will see the most available capital, as the property type will be the number one choice for lenders over the next few months.  Uncertain economic conditions caused by the pandemic will lead to much more conservative lending and most capital providers consider industrial the safest bet.  Quarantines, shelter-in-place orders and social distancing has More