Credit: vladwel/Adobe stock Commercial Real Estate Due Diligence in New Jersey: Best Practices for Lenders
"The eventual influx of new CRE loans will lead to a substantial amount of due diligence on both new and existing real estate collateral," says Zachary Rosenberg of Bressler Amery & Ross.
April 23, 2024 at 11:45 AM
9 minute read
New Jersey, like the rest of the country, has seen a significant slowdown in commercial real estate (CRE) lending over the last two years, in large part due to rising interest rates. However, with over $2 trillion in commercial mortgage loans slated to mature between 2024 and 2027 and recent indications from the Federal Reserve that rate cuts are forthcoming, there could be an unprecedented number of refinances and sales of real estate assets on the horizon.
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