Upswing in Lending for Commercial Properties

Many U.S. banks are starting to see new growth in commercial property loans, according to research from SNL Financial, which estimated $991.2 billion in total volume as of June 30. The tally is 3.3 percent higher than at the same time last year.

“More banks are now on the offense — not on defense anymore — when it comes to commercial real estate,” said Raymond James Financial Inc. banking analyst Anthony Polini.

Lending for apartment buildings, offices, retail centers, and industrial properties took a hit when the economy soured but is starting to pick up again now that real estate values are on the rise and credit quality is improving.

Source: “Commercial-Property Lending Begins to Ramp Up,” The Wall Street Journal (Oct. 15, 2013)

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  6. I’ve a daughter that bought a duplex, and the loan on it was with some obsur a
    bc lender, the home loan is NOT Freddie, not Fannie.
    Can they qualify for the open HARP and who are the lenders.
    Property is in UTAH, they short sold their primary house last yr.
    If you short sold a household, will it disqualify you. What are th erates an dhow are they figured?
    They’ve got never missed a payment on their investment property.
    However did miss payments on their owner occupied property that short sold.

  7. Douglas Zeller

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