Nonbank Lenders Step Into a Void
/As Commercial Banks continue to recover from the meltdown in the real estate market. Nonbank lenders continue to step up the game and fill the void that has been left. The market has several types of finance companies that will look at projects ranging from a 32-story office building to a small hotel. They can even handle a variety of credit profiles and credit issues. Commercial Banks continue to have a low appetite for financing commercial real-estate, mostly due to the change in the regulatory environment and the need to bolster their capital reserves.
Let Front Street Commercial Real Estate Group help you finance your real estate project. If you are looking for permanent, construction, bridge, SBA or equity financing we can help. Contact Douglas Pratt at Douglas@frontstreet.net to learn more or visit us at http://www.frontstreet.net/financing/.
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