Keep an eye out for plenty of competition in the multifamily lending space and lots of dry powder to kick off the New Year. The agencies will continue to win the lion’s share of deals, while the other lender types strive to compete. Watch for banks to be more aggressive going forward. Banks paused their activity as they cleaned up their balance sheets to comply with regulations. Now that those initiatives are behind them, they are back in the market and ready to lend under less restrictive conditions. More