Michael Holling, managing director and head of loan syndications
As we look back on 2013, it was another year of fits and starts for the economy and, by extension, for the Mid-west commercial real estate sector. The broader economic recovery continued its slow and uneven pace, inhibiting any prospect for a dramatic CRE rebound. However, while slow, the pace of economic recovery has been significant enough to generate increased interest and activity in key areas of the commercial real estate sector. In fact, we expect an increase in commercial real estate capital funding overall in the coming year, primarily for traditional capital providers, with some notable movement among ancillary players.
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