Lenders are broadly in better shape than before the global financial crisis and commercial real estate investors are often less leveraged, according to a recent Moody’s Analytics report.
Even among regional banks, widely expected to scrutinize commercial real estate deals more closely after the recent financial turmoil, Valley Bank recently agreed on a $45 million fixed-rate loan to Meridian Capital Group for a 203-unit luxury apartment complex in Wilmington, Delaware.
