As commercial real estate sales activity stays hot around the country, buyers and sellers on a tight timeline to close deals are often having challenges meeting their deadlines.
Trey Korhn and Vince Chillura of Valley Bank are seeing this trend every day in their work. They manage a department that has handled lending on such high-profile west-central Florida projects as the Epicurean Hotel, the Midtown Lofts office project and the Riverside Heights redevelopment project in Tampa, along with the Ace Hardware distribution center in Lakeland.
They talked to GlobeSt.com about what buyers and sellers can do to help ensure they get their deals closed on schedule.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
