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Alternative Lenders Showed Signs Of Life In Slow Q3: Cbre

by therealdeal.com posted 1week ago 14 views
The third quarter of 2020 was another slow one for commercial real estate lending, with the pace of commercial loan closings down 28 percent from Q2 and down 39 percent year-over-year according to CBRE’s Lending Momentum Index, which reached its lowest level since 2014. At the same time, the distribution of lender types shifted drastically. Banks accounted for 72 percent of loan originations in the second quarter, then just 39 percent in the third. Alternative The post Return of the non-banks: Alternative lenders show signs of life appeared first on The Real Deal New York.

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