Look for construction lending to increase during the fourth quarter as many funds get new allocations. Construction lending will be strong going forward as there is a need for housing and lenders feel safe with floating-rate debt and not constrained by fixed-rate deals where they can be caught on the wrong side of interest rates. The banks are holding back because of their limited liquidity, which leaves a large vacuum for the private lenders and debt funds to step in. Banks are seeking deals with experienced sponsors. They will prefer low leverage and the location must be strong with good density. More