Construction Lenders Look for Opportunities Beyond Multifamily Projects

Construction Lenders Look for Opportunities Beyond Multifamily Projects

The construction boom is spreading to office buildings, industrial projects and even residential condominium projects as top lenders look to add more variety to their balance sheets.

“They are considering other product types,” says David Hendrickson, Chicago-based managing director with commercial real estate services firm JLL.

Several top commercial banks have hit their limits for how much money they can lend at any one time to multifamily constru

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