There has been a 22% decline in new loan origination compared with 12 months ago, as steep interest rate rises and property value declines hit the sector, according to the latest Commercial Real Estate Lending report for mid-year 2023 from Bayes Business School.
Bayes Lending Report: New Commercial Real Estate Loan Origination Sinks
Bayes' Biannual Report Finds Liquidity Remains But Clear Preference for 'Best of the Best'
By Paul Norman
CoStar News17 October 2023 | 8:05
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