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SunTrust EVP Talks Multifamily Adaptive Reuse

MIAMI—SunTrust Banks EVP Walt Mercer tells GlobeSt.com's Jennifer LeClaire how he sees the multifamily market shifting and where adaptive reuse fits into the equation.

By Jennifer LeClaire | Updated on September 12, 2013

MIAMI—With multifamily interest rates rising, will lender appetite for construction loans change? And how do adaptive re-use strategies fit into the shifting market? We caught up with Walt Mercer, executive vice president and head of the Commercial Real Estate Line of Business for SunTrust Banks, to get his thoughts on lender appetite for multifamily construction loans and his take on the opportunities adaptive reuse projects are offering developers.

GlobeSt.com: Do you see any major changes occurring in multifamily development with interest rates rising?

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