80% Of All commercial Bank Loans Come From Regional Banks
Nicole Goodkind of CNN wrote in an article headlined “Commercial real Estate Is In trouble. Why you should be paying attention”, that office and retail property valuations have been falling sine the pandemic brought about lower occupancy rates and changes where people work and how they shop. The Fed’s efforts to fight inflation by raising interest rates have also hurt the credit-dependent industry… Small and medium-size lenders are going to tighten lending standards making it more difficult to get loans.” We are already seeing this in our daily commercial real estate transactions, and unfortunately, it will get worse before it gets better…what do you think?