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Commercial lending markets strengthened in Q2 2021, staying on pace with the wider economic recovery, with borrowers’ growing risk appetite fueling increased demand for transitional financing, such as bridge loans, according to research released this week by CBRE.

Banks accounted for 24.3% of total loan volume in Q2 2021, dropping from their top rank in Q1 2021. Regional and community banks were the most active. Construction loans accounted for 46% of bank lending volume in Q2 2021, largely as a result of increases in industrial and multifamily housing development.

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