ESG lending is gaining momentum in the real estate lending community – and perhaps at no better time.
CRE lending standards are tightening even further because of ongoing global banking troubles. Borrowers supporting their applications by substantiating their ESG metrics could find it easier to get a loan across the finish line in a tightening market.
Borrowers should make a strong effort to demonstrate their ESG bona fides, according to a new report from CBRE.
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