"At the current time, multi-tenant industrial is probably the easiest product to finance," says Stephan M. Neveleff, vice president at Maitland, FL-based Realvest Partners Inc. Multifamily and office has been "very desirable over the past few years." Grocery-anchored retail centers are "also getting a lot of attention."
Neveleff says, "Generally speaking, retail is the least desirable product (for lenders). However, for just about any well-designed and located product, there is usually a lender who will do the deal."
Steven M. Ekovich, vice president/Florida regional manager, Marcus & Millichap, agrees but notes loans are becoming more costly.
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