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Banks Are Pulling Back and Lenders Are Closing. Here’s Who Will Refinance Your Building Now.

Banks are pulling back, conduit lenders are closing and debt funds are stepping in. The emailed analysis maps the changing commercial-property lending market.

Banks Are Pulling Back and Lenders Are Closing. Here’s Who Will Refinance Your Building Now.

Photo: Daniel Barnes / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. The question isn't what rate you'll get. It's who will take your call. Over the past two weeks, a string of deals, closures and surveys has quietly redrawn who lends on commercial real estate. Put the pieces side by side and the map looks very different from the one most owners used in 2021. Start with the banks. Bank OZK, a major construction…

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