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Lending Standards Hold Steady, With Early Easing At Large Banks

Seeking Alpha·Principal Financial Group·6 months ago
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Summary

  • The Federal Reserve’s newly released Senior Loan Officer Opinion Survey for April reinforces our view that the CRE lending environment is stable and, in fact, selectively easing.
  • Large banks eased lending standards across all three CRE loan categories and reported significantly stronger demand for core commercial and multifamily loans.
  • Debt capital continues to flow into CRE, especially through the largest channels first - suggesting that institutional-quality borrowers remain engaged.
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By Richard Hill, Global Head of Research & Strategy

The Federal Reserve’s newly released Senior Loan Officer Opinion Survey for April reinforces our view that the CRE lending environment is stable and, in fact, selectively easing, even