According to the National Association of Realtors Commercial Lending 2019 Report
Credit National Association of Realtors
Highlights
The 2019 survey on commercial lending takes place in an economic environment marked by slightly higher interest rates and a lower level of bank reserves held by depository institutions that underpin the level of lending.
- 56% of respondents reported an increase in net operating income in 2018, a decrease from 65 percent in the previous year’s survey.
- 38% of respondents reported tighter lending conditions in 2018, up from 35 percent in 2017, with a higher fraction for retail stores.
- 65% of respondents reported the client used debt financing to purchase a property, with higher reliance on debt financing for suburban offices and retail malls.
- 5% to 7% was the average interest rate on loans.
Read the full report here:
