Despite continued concerns in retail and lodging, there was a favorable capital markets environment for commercial real estate lending in Q1 2021, according to The CBRE Lending Momentum Index, which tracks the pace of CBRE-originated commercial loan closings in the US.
Overall, The CBRE Lending Momentum Index finished Q1 2021 at a value of 258, up 16.7% from the December 2020 reading. In January, it rose to a cycle high of 342. The index is now only 6% below its year-ago level. In September, lending activity hit its most recent low when it fell to 160.
In the first quarter, banks and alternative lending sources, including credit companies and debt and pension funds, were the most active.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
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.
