commercial loan news

October 17, 2008

Multi-Family Market Sees More Available Capital

SOURCE: Steelhead Capital

There are signs of more deals beginning to look possible, with several of our top lenders expressing cautious optimism regarding the availability of funds for commercial loans. In particular, multi-family primary markets are still remaining active, with an increase in qualified borrowers and loan requests just in the past week.

"We saw an influx of solid apartment loan requests after the market rebounded some, and quite a few less deals that were unqualified," commented Joe Terry from BMC Capital, one of Steelhead's top affiliate partners.

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