There is a lot of money chasing real estate.
The amount of equity in the market, some of which has turned into debt, has put added pressure on conventional lenders. But Brian Stoffers, global president of debt and structured finance for Capital Markets at CBRE, doesn't see lenders making irresponsible loans.
"There is so much equity out there," says Brian Stoffers, global president of debt and structured finance for Capital Markets at CBRE. "I think that lenders are making good loans today, but they are getting beat up on price."
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
