Banks are eager to lend for certain high-performing properties, according to Michael Thom, attorney in the business and finance department at Obermayer. "Lenders are more eager to get the money on the street," Thom told GlobeSt.com, who encourages property owners to explore financing opportunities that may have been unavailable in the past.

At the same time the commercial real estate market is undergoing a shift, particularly in suburban areas, Thom said, pointing in particular to the robust performance of commercial real estate around Philadelphia and parts of New Jersey. Thom emphasized the improved loan performance in these regions, attributing this uptick to a combination of factors, including declining interest rates and refinancing opportunities that have emerged over recent quarters.

Occupancy rates are another crucial factor driving the appeal of suburban real estate. "More tenants have returned to the office in some suburban markets because people live close to the offices," according to Thom, indicating that lower vacancy rates make these properties more attractive to lenders. This trend is leading banks to show a preference for financing suburban properties over urban ones.