Commercial Real Estate Slowing
SOURCE: Wall Street Journal OnlineWith over 80% of banks tightening their lending standards on commercial real estate loans, it is more important than ever to have an expert mortgage broker.
Worries caused from the subprime mortgage debacle are
creating a ripple effect in commercial real estate lending. But, because the commercial sector was not as overheated as the residential markets, it is not expected to be as bad. That said,
the tight credit and slowing economy are squeezing the sector.
This lending squeeze can make it difficult to find financing for commercial properties but that's where a commercial mortgage broker like those with Steelhead Capital can help find a lender that fits you and your project.
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