CRE Lending Pullback on Horizon?
Anxiety about an economic downturn is everywhere this fall. And if one hits, expect both traditional financial institutions and private lenders to take a step back from commercial real estate.
Anxiety about an economic downturn is everywhere this fall. And if one hits, expect both traditional financial institutions and private lenders to take a step back from commercial real estate.
Expected Federal Reserve interest rate cuts have local bankers looking for ways to shave basis points off commercial real estate loan rates – and private lenders planning to defend market positions
First Boston Capital Partners says it has expanded its revolving line of credit with BankUnited, based in the Miami area, as it aims to grow its private lending business.
Boston leaders are eager to use the NAACP convention to cast off city’s reputation as a largely white place where racism still lingers. Big changes underway in the region’s commercial real estate and finance sectors can back that up, local executives say.
Quincy-based Grossman Cos. Inc. has acquired two properties in East Boston and Somerville that are home to Citizens Bank branches.