SHORT HILLS, NJ—Investors Bank's CommercialReal Estate Lending Group reports it has seen a continued robustpace of commercial mortgage financing deals during the firstquarter of this year and sees more of the same for at least thenext three months.
Senior Vice President and Head of CRE Lending JosephOrifice, said, “Based on our current financingprojections, which includes transactions in the pipeline, webelieve demand for commercial mortgage loans will remain strongthrough the first half of this year. We are also seeing abroadening of loan requests to include office property purchasesand more construction of multifamily housing as well as mortgagere-financings.”
The Short Hills, NJ-based firm adds that of late it has widenedits geographic reach by closing more transactions in Southern, NewJersey, the Hudson Valley region, and Long Island, NY as well aseastern Pennsylvania.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
