National Commercial Real Estate News From CoStar Group
Banks Edge Back Into Investment Property Lending
After tentatively testing the water in 2011, banks increased their overall lending for commercial real estate in 2012 with total CRE loan balances outstanding at year-end up 3% year-over-year. Investment property loans outstanding showed the biggest gain, ending 2012 up 11% from 2011. And multifamily loans outstanding were up 7% year-over-year.
Banks also continued to shrink their loan exposure in areas that caused the biggest problems during...