Lending activity was healthy to start the year. Then COVID hit, and lenders paused to assess the impact of the pandemic. 

Things could be picking up soon, though. In its recent Capital Alert, Marcus & Millichap says, "recent conversations with institutions and investors across the lending landscape suggest dynamics are shifting quickly."

M&M expects deal activity to accelerate in Q4 as lenders shift priorities to reflect evolving opportunities and risks. 

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Leslie Shaver

Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.