Feeling the market get shaken while some big money gets ready for distressed property fire sales? Wondering how a refi can possibly work when interest rates are multiple percentage points higher than they were months ago and leverage has come stumbling back to earth?
Sometimes data from the near past finally catches up to reality of the all too present. That's the sense coming from the Federal Reserve's October 2022 Senior Loan Officer Opinion Survey on Bank Lending Practices. Bank loan demand was down over the immediate three months for firms of all size and for all CRE categories, while bank lending standards have gotten tighter.
This stands in sharp contrast to residential real estate, credit card loans, home equity lines of credit.
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
*May exclude premium content
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.
