Lenders' Insatiable Appetite for Commercial Real Estate
The Great Commercial Real Estate Lending Thaw | by Wendy Culverwell
Portland Business Journal — It’s no coincidence that construction is ticking up. Lenders are approving more projects in Oregon and elsewhere as optimism takes root among developers, banks and tenants. The thawing of construction lending is on display from Hayden Island, where a consortium of private equity lenders is backing the restart of a long-stalled residential development, to Sherwood and Beaverton, where Tualatin-based Gramor Development Inc. is preparing to break ground on two new retail projects.