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WASHINGTON, DC-The commercial real estate industry saw many of the provisions it had hoped to incorporate in the financial overhaul included in the final version of the bill, which was hammered out early Friday morning in a conference between the House and Senate. Namely, it includes amendments authored by Sen. Mike Crapo (R-Idaho) to allow regulators to customize the new risk retention mandate for commercial real estate finance. Another measure offered by Rep. Scott Garrett (R-NJ) requiring regulators to consider the combined impact of new reforms and mandates, prior to any rulemaking, is also there, according to the CRE Finance Council, which had been tracking–and lobbying for–these provisions. 


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