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VIDEO: Experts Predict Greater CRE Loan Volume, with a Few Caveats
Commercial real estate lending volume will increase in 2024 compared to last year, CRE finance experts told Connect CRE at the Mortgage Bankers Association’s Commercial/Multifamily Finance Convention & Expo, held at the Manchester Grand Hyatt in San Diego (pictured) earlier this month. That being the case, they tempered their expectations with a few caveats.
“I believe that some of the challenges in underwriting will persist from 2023 into this year,” said Adam S. Finkel, co-founder and managing partner, Tower Capital. Among these are questions about pricing discovery and where lenders should be underwriting on values, cap rates and rents.
In the video below, the first of two from MBA CREF, you’ll also hear insights from David Sotolov, managing director, real estate investments, AllianceBernstein; Jonathan Lee, executive managing director, Colliers; and Joe Derhake, CEO, Partner Engineering and Science, Inc. Derhake observed that in terms of loan volume, “It’ll be better than 2023. I wish it was better than ‘21 or ‘22, but it won’t be.”
- ◦Financing
