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NEW YORK CITY-In a look ahead at 2014, members of the Real Estate Lenders Association are flush with good news for the borrower community. In its fourth survey of commercial real estate lender sentiment, RELA found that lenders project substantial growth in commercial real estate lending volume over the next year, and that market-underwriting standards are expected to ease for office, retail and industrial properties.

Additionally, lenders report that target debt yields for new loans have declined in the past year—despite higher Treasury yields. The survey features analysis by RELA’s national economist Dr. Sam Chandan, president and chief economist at Chandan Economics and a professor in the associated faculty at the Wharton School.

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