Where lenders want to put their money
CBRE’s latest lender sentiment survey shows this is true even for non-bank lenders that typically focus on the residential sector.
Industrial is the most preferred for both construction and investment lending. However, lenders are most overweight in build-to-sell residential and most underweight in industrial, the market sector which has the healthiest property fundamentals.
CBRE research head Zoltan Moricz says it is notable that several non-bank lenders, whose focus is residential development or subdivision lending, want more exposure to industrial development lending.
Twenty lenders took part in the survey (seven international and 13 domestic) comprising three banks and 10 non-bank lenders.
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