LOS ANGELES—Following major turmoil in the junk bond and CMBS markets earlier this year, lenders may be starting to tap the brakes, according to Jay Maddox, a principal of debt and equity capital markets in the Los Angeles office of Avison Young. While Maddox says that this won't cause an all-out liquidity crisis, he does anticipate a slow down this year in the volume of loans.
We sat down with Maddox for an exclusive interview at RealShare Los Angeles last week to hear more about this issue. In the interview, Maddox talks about global economic volatility, Los Angeles fundamentals and foreign lending and how the upset in the debt markets might play out this year.
LOS ANGELES—Following major turmoil in the junk bond and CMBS markets earlier this year, lenders may be starting to tap the brakes, according to Jay Maddox, a principal of debt and equity capital markets in the Los Angeles office of Avison Young. While Maddox says that this won't cause an all-out liquidity crisis, he does anticipate a slow down this year in the volume of loans.
We sat down with Maddox for an exclusive interview at RealShare Los Angeles last week to hear more about this issue. In the interview, Maddox talks about global economic volatility, Los Angeles fundamentals and foreign lending and how the upset in the debt markets might play out this year.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.