TALKING MONEY: Lending companies discuss current trends and predictions for financing in the Northeast.
Wednesday, October 04, 2006
Northeast Real Estate Business recently spoke with leading lenders across the Northeast to get their take on current market conditions, as well as their predictions for lending in 2005. The consensus is that the New York City market is performing the best overall. While multifamily and retail properties are performing exceptionally well, the suburban office market is lagging. Many lenders are also reporting that their lending volume is up significantly this year over last year, and most predict that the overall lending environment will continue to be very competitive.
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