Although financings for commercial real estate appeared to have bottomed out in 2023 and the first half of 2024, a new report from Altus Group suggests that bank and non-bank borrowers are finding it easier to pen deals today than they were two years ago.
The data firm surveyed over 400 commercial real estate professionals in the U.S. responsible for arranging financing and found that while borrowers continue facing challenges securing funding, there is a growing divide in how bank and non-bank borrowers perceive the lending landscape, highlighting key challenges and inefficiencies that persist across the industry.
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