More money available for commercial loans.Borrowers seeking commercial real estate loans on existing leased properties have much to celebrate as we head into the year 2000, reports a quarterly survey of 40 commercial lenders Whilst nearly all lenders offer loans on a commercial basis the term commercial lender has differed meanings around the world.
"Insurance companies, securitized securitized Of, related to, or being debt securities that are secured with assets. For example, mortgage purchase bonds are secured by mortgages that have been purchased with the bond issue's proceeds. lenders and banks all have increased allocations of funds for such loans and will be aggressively seeking to increase their loan originations The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. in 2000," said George Fantini, chairman of Fantini & Gorga, which conducted the survey for the fourth quarter of 1999. "Growing competition has already led to a tightening of loan spreads. These loans are priced at spreads above Treasuries." Lenders' interest centered on apartment, office, retail and industrial properties, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the survey. To a lesser extent, there was also interest in hotels and congregate con·gre·gate tr. & intr.v. con·gre·gat·ed, con·gre·gat·ing, con·gre·gates To bring or come together in a group, crowd, or assembly. See Synonyms at gather. adj. 1. Gathered; assembled. 2. housing loans. "Lenders feel very positive about the condition of their current loan portfolios, quality of current loan submissions and the likelihood that the current favorable lending environment will continue for existing cash-flowing properties. There is a sufficient supply of fixed-rate permanent loans," Fantini concluded. "Lenders are less enthusiastic about development loans." The three lender groups surveyed by Fantini & Gorga were: life insurance companies, conduits and banks. |
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