Next year will market the 10-year anniversary since the start of the last recession, and it has some nervous. The maturing cycle paired with nominal increases in interest rates could spur several new trends next year. We sat down with Mitch Paskover, president of Continental Partners, for an exclusive interview to talk about the capital markets that we can expect next year.
GlobeSt.com: How has 2017 performed compared to 2016?
Paskover: The financial market has continued to grow throughout 2017. We've seen robust activity and increased loan originations in the past 12 months. As we close out the end of the year, loan originations for 2017 are expected to total over $515 billion, according to the Mortgage Bankers Association, which is five percent higher than 2016. Multifamily and industrial have truly emerged as the star players of 2017, with many lenders competing for these deals. However, hospitality, retail and office deals still saw tremendous activity, despite increased concerns. Because of lender interest, the market remained robust throughout the year and borrowers had many financing options.
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