LOS ANGELES—There was little dissent among speakers at the GlobeSt. Multifamily conference here on one particular subject: finance and its availability. To a person, the agreement was multifamily finance has had a great record year.
For Cade Vander Broek, managing director of the west coast at Money360, his firm has not seen a slowdown. "We are at full throttle," he said. "We are really heavy on multifamily versus other product types. Deal flow is extremely strong right now."
Jeff Burns, a managing director at Walker & Dunlop, said that this year, compared to the last six or seven years, his team has done more non-agency financing through some of bridge lenders. "There is so much capital chasing so few deals."
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