The proposed tax plan in Washington would kill historic tax credits, which are vital incentives that help rebuild old neighborhoods and spur economic development.
Traditional lenders used to make up the bulk of CRE lending, but now alternative lenders are viewed as a viable lending source, often backed by institutions, Money360's Gary Bechtel tells attendees at RealShare San Diego's capital-markets session.
The veteran of four decades in the banking business leads Capital One's commercial real estate activities, including financial services to the development and investment activity.
Amy Klein Aznar, who heads debt investments and special situations for LaSalle Investment Management, says the new fund has already completed several transactions this year.