Lenders chase small multifamily deals
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Agency lenders, banks, life companies, conduits and private money lenders are all seeking multifamily loans this year and with so much competition in the space, lenders will have to drop loan minimums in order to win deals. Expect small-balance multifamily lending to be a highly desired segment throughout the rest of the year, especially with low interest rates and as the economy continues to rebound from the pandemic…
Read more at https://crittendenreport.com/?p=243