Original Southeast commercial real estate news & events for Atlanta, Carolinas, Memphis, Miami, Nashville, Orlando and Washington D.C. metro area; plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
The capital will help Spruce expand its market presence outside of Texas, beginning with Denver, enable the company to scale its sales and marketing capabilities, and continue software development efforts.
Idiosyncratic, borrower-driven distressed situations and signs of late-cycle lender fatigue will lead to increased opportunities in non-performing loans, says Bain Capital Credit's Jeff Robinson.