DenisBarreto Jr.
Borrower demand has rebounded in the start of the year. At theend of 2018, borrowers put financing plans on hold followinginterest rate increases; however, with interest rates returning tohistorical lows in 2019, borrower demand has rebounded, accordingto Denis Barreto Jr. of ThorofareCapital. Barreto recently joined the firm as director ofcredit, bringing more than 12 years of experience in underwritingcommercial real estate investments, including equity, debt andstructured finance transactions to the firms' multi-strategyplatform.
“At the end of last year the market experienced some volatilityand we saw a number of borrowers put their financing plans onhold,” Barreto tells GlobeSt.com. “As calm was restored, we saw anincrease in transactions and borrowers wade back into the marketduring the first quarter.”
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