RCA in the commercial property press:

Survey Says Banks and Insurance Companies Increasing their Lending

Retail Traffic reports: Retail has proven to be the favored asset class in loan volume according to a recent survey by the Mortgage Bankers Association. Year-on-year increase from third quarter 2010 shows a 164 percent increase in the sector, as well as a 37 percent increase from the second to the third quarters of 2011.

According to Real Capital Analytics, life insurance companies have been particularly picky regarding location; 26 percent of all originations in Washington DC and 14 percent of all originations in Manhattan have been completed by these firms. Banks have proven more flexible, originating loans in tertiary markets in the Southwest and Southeast US.

With good fundamentals in place, lenders are willing to write loans in the mid-5 percent and lower ranges.

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Posted by: Hermann Lademann

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