Tower Capital Predicts Robust CRE Capital Markets For 2019

Adam Finkel

PHOENIX, AZ – Tower Capital, an independent structured finance firm, is predicting the commercial real estate capital markets will remain robust in the New Year with funds competing for the better projects. “There’s a lot of money out there looking to be placed, both debt and equity” says Adam Finkel, Principal, Tower Capital.

Underwriting is still stringent and lenders make loans based on strong sponsors, the location of the asset and “where they are in the cycle,” Finkel tells GlobeSt.com. “Overall, supply and demand is balanced with maybe some oversupply in the marketplace. Lenders, however, have helped keep it balanced even with industry challenges such as increases in construction costs and developers having a hard time finding qualified workers.”