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Current lender activity within commercial real estate remains robust among life insurers, banks, GSEs and alternative providers such as REITS and debt funds.
As 2018 represented a record year for borrowing and lending, The Mortgage Bankers Association reported that the momentum continued into the first quarter of 2019. Nearly every property type experienced increased volumes in Q1; displaying year-over-year gains by dollar volume of 73% in the industrial sector, 41% in the healthcare sector, 9% in the hospitality sector and 9% in the multifamily sector.
While strong economic and market fundamentals have been instrumental in driving this activity, the efforts of lenders themselves have proven significant.
Within this past year, the Federal Reserve cut interest rates and revealed production volume caps, enabling agencies to pull back and allowing other lender types to step up. A CBRE lending survey suggested that due to these changes, life companies and alternative lenders in particular led origination activity through Q3 2019.
With the increased number of competing lenders additionally benefiting borrowers and fueling investments, the loaning demand is also expected to hit record highs next year, as lenders take advantage of the reduced interest rates.
However, with the threat of an imminent recession in 2020, lenders are currently delicately balancing between anticipating the economic climate and confidently executing deals. Though unable to rely on the future, lenders remain aggressive; working overtime to make calculated decisions, produce favorable loan volumes and meet demands.
With a deep understanding of the space and a healthy appetite for new deals, lenders are additionally catering to the ever-changing market by remaining open to alternative products; continuously adjusting their deals and mindsets – no matter the economic climate.
For GlobeSt. Real Estate Forum’s next Influencers series, we are looking to shine a spotlight on lenders of CRE capital. We will profile not only the individual pioneers who have made an impact with their efforts, but also the teams and groups within lender organizations, as well as entire companies or entities that have become critical to the industry.
Be it through their contributions to the industry, the vast successes they’ve racked up in completing deals, or the innovations and best practices they’ve introduced to the business, these are Commercial Real Estate’s LENDER INFLUENCERS in FINANCE.
The deadline for nominations is February 21st, 2020. To apply, click here.
WHAT YOU SHOULD KNOW
What information/data will I need to apply?
The complete nomination form, including all questions and word limits, is available for download here. Please note that this is for preparation purposes only. The final nomination must be submitted online in the Nominate Now section.
Who may apply?
The form is open to any individual or organization whose primary business is in lending or loan origination.
Can I nominate myself?
Yes. We accept self nominations as well as third-party submissions.
Oops! I realized I need to change something on my submission.
No problem! Click here to view or make a change to your entry.
How and when will winners be notified?
Editorial staff will send email notifications to the winners and submitters by March. Due to the high volume of nominations we receive, only those selected will be notified.
When will the issue come out?
GlobeSt. Real Estate Forum will profile the Lender Influencers in CRE Finance in the June issue. Influencers will also gain recognition on GlobeSt.com.
Is there a fee to apply?
No. Submission to this, and all of our editorial content, is free.
How do I increase my chances of being selected?
Be as descriptive, yet concise as possible. Sounds redundant, but it’s simple. Provide details on why you think your entry should be chosen as an Influencer, but leave out the fluff, like marketing content and self-congratulatory comments. We don’t mind reading long entries, but don’t hide the items of importance within pages of trivialities. Further, support your entry and statements with backup information—we love facts and figures—or additional files such as media coverage.