Are Smaller Deals the Bread and Butter?

LOS ANGELES-“Our bread and butter are the smaller deals.” So said Ray Lowe, senior vice president of Wells Fargo Real Estate Banking Group, during a panel presentation Wednesday night, where GlobeSt.com turned out to join the more than 260 attendees. The sixth annual event, titled “The New Normal,” was presented by Standard Capital LLC at UCLA’s Anderson School and brought together developers, attorneys, brokers, lenders and a group of prominent L.A.-based real estate investors for the panel discussion.

Lowe and the other panelists compared notes on the types of deals they are doing, the difficulty of finding quality assets amid those being offered by the FDIC, the abundance of capital chasing a shortage of deals and the approach that lenders are taking to workouts.