The CBRE Lending Momentum Index, tracking the pace of commercial loan closings in the U.S., reached a value of 194 in June—a 29.3% decrease from its first-quarter close and down 20.5% from a year ago. A temporary freeze in commercial real estate lending from mid-March through early April meant fewer loan closings in Q2. Broad liquidity was restored later in Q2, while multifamily agency and certain…


Lending Momentum Expected to Remain “Muted” for Near Term

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