Who May Be Providing 60% of All Financing for New York City Commercial Real Estate?

January 20, 2010 by Neil · Leave a Comment

Foreign banks now provide more than 60 per cent of all debt financing for commercial real estate. The predominant player among these lenders: Bank of China. Fannie Mae and Freddie Mac, along with life insurers, provide the overwhelming majority of the other 40 percent.
Bank of China and other foreign lenders are taking advantage of underwriting [...]

Tagged: apartment buildings, Bank of China, Fannie Mae, financing, Freddie Mac, lending, multifamily

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Who May Be Providing 60% of All Financing for New York City Commercial Real Estate?

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