More loan volume expected despite tight credit conditions

More loan volume expected despite tight credit conditions

The most recent Bridger Semi-Annual Survey of Lender’s Commercial Real Estate Perspectives revealed despite tighter credit conditions, banks continue to steadily supply financing for commercial properties. Survey participants included 150 senior loan officers at 119 different banks nationwide.

More than 85 percent of respondents expected their current year commercial real estate loan volume to equal or surpass that of 2002. Nearly three-quarters of respondents described current borrower demand for commercial property loans as either ‘moderate’ or ‘somewhat strong.’ About two-thirds of survey participants expect commercial real estate’s overall performance to remain ‘strong’ over die next year, as a result of fewer foreclosures and moderate delinquency levels.

Copyright Institute of Real Estate Management May/Jun 2003

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