Lenders Are Fiercely Competitive on Financing Deals
Jennifer Bojorquez was quoted in a Globe Street article titled, “Lenders Are Fiercely Competitive on Financing Deals.” The article discusses the competitive lender marketplace in the multifamily housing space. Bojorquez points out that, “Lenders continue to be very interested in multifamily projects, as consumer demand and rents remain strong in many markets.” She went on to add that, “The appetite for permanent financing on multifamily projects remains strong, and lenders continue to experience a lot of competition for these deals. The deal flow for construction financing also remains steady, and we’re continuing to see a number of new deals, albeit with experienced multifamily developers.”