Commercial market: Is the tide shifting towards private lenders?

The well-documented woes facing small US regional banks in the commercial sector show little sign of easing, a trend that’s likely to see consolidation and a further swing towards lenders in the private space.

That’s according to Alex Horn (pictured), managing partner and founder at private lender BridgeInvest, who told Mortgage Professional America that a “huge pullback” by institutional lenders despite a large volume of transactions requiring refinancing had opened the door for other entities to step forward and plug the gap.

See the full article on Mortgage Professional America.