Commercial Loans Blog

Dismal State of Commercial Loans and Commercial Lenders

Posted by George Blackburne on Wed, Jul 1, 2009

Comments at a Recent Banking Conference

“Last week, I hosted a meeting of mortgage lenders,” continued last night’s emcee. “They got together all the mortgage lenders in Britain who are still in business. I felt sorry for the guy. All alone…

“Today, a guy goes into a bank and he says… ‘I’d like to talk to you about a loan…’ and the banker says to him, ‘Great…how much can you lend us?’

Topics: commercial real estate loan, commercial loan, commercial real estate financing, commercial lender, commercial financing