Lenders' Insatiable Appetite for Commercial Real Estate
A Lending Bubble in Multifamily and Commercial Real Estate? | by Keat Foong
Commercial Property Executive — Chandan Economics’ stress tests of 3,900 recently originated loans showed “the credit risk of new apartment mortgages weakened over the course of 2012.” Sam Chandan, chief economist, spoke with CPE finance editor Keat Foong about the magnitude of the lending risks and suggested that low-cost financing, rather than excess liquidity, is causing the increases in property valuations.
Read more at the Commercial Property Executive website.