WASHINGTON, DC-As CBRE marketed Metro Park, a 37-acre office park in Alexandria, VA., it found plenty of interest among bank and life companies in the trophy class portfolio, despite the ongoing headlines about the fiscal cliff and sequestration. To be sure, Washington’s drama has remained distinct and separate from lending activities, at least in the commercial real estate realm—until recently that is. Lately, some brokers have starting picking up a sense of unease among lenders.

The possibility that the country could go over the fiscal cliff has not changed underwriting, CBRE’s Joe Donato, who structured the $212 million package for Metro Park, tells GlobeSt.com. But it is being considered as part of the mix. “It is another factor or consideration for a credit committee that is more qualitative than quantitative.”

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