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CRE Lending Activity on the Rise

NEW YORK CITY—Investors Bank here has closed several large transactions in recent weeks and expects to see more on the horizon.

InvstrsBnkBkylnOfficeBldg From its Brooklyn office, the Investors Bank CRE lending group originated $3.2 billion in new loans last year.

NEW YORK CITY—An uptick in loan activity for commercial real estate—and in particular, multifamily housing—that began after Election Day and gained momentum in December has continued into 2017, according to the Investors Bank CRE lending group.

In recent weeks the CRE lending team closed six large transactions with a total loan value of $107 million. As 2016 came to an end, Investors Bank’s senior lenders completed 11 transactions valued at over $202 million.

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Rayna Katz

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.

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