State of the Commercial Mortgage Business in the US
However, the handling of the Stimulus package has received a lot of criticism from both borrowers and industry professionals
. Various forms of the Stimulus have been rolled out and quickly ran out of money. This has occurred four times now. Many borrowers that were half way through the lending process were denied funding due to this, causing considerable distress. This happened to thousands of borrowers.The US is far from having the current situation resolved within the commercial mortgage industry. However there are signs of growth, such as a rebound with apartment occupancy levels, and in increased funding with smallcommerciallendersand banks.
State of the Commercial Mortgage Business in the US
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