Commercial Real Estate Finance Is Messed Up!

Current State:
Awful, The Pits, Worse I have Ever Seen In My Life, Run for the Hills.

Hospital Healthcare and Apartment Lending with FHA open. Apartment lending with FNMA and Freddie is still open.

Insurance Companies Cherry Picking with less money more deals.

Banks shut down except a few that have not been hurt by condo, single family construction and home loans

Hard money still available but going up in price.

Equity sitting on the sidelines waiting for the bleeding deals to start trading at pennies on the dollar.

Other wise all is well. Except for the fact the dow is going back to levels from 1989 and for many home owners and investors the last eight years will be called "The lost decade" The decade that we lost decades of wealth and millions of jobs.

Scott
Commercial Mortgage Banker