Per CBRE, commercial loan closings that it originated fell just 3% in the third quarter from the second quarter.
That’s still off 48% from the third quarter in 2022.
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While commercial real estate lending is still far from its year-ago levels, it seemed to stabilize a bit in the third quarter, fresh research from global CRE company CBRE suggests. So reports GlobeSt.com.
Per CBRE, commercial loan closings that it originated fell just 3% in the third quarter from the second quarter.
That’s still off 48% from the third quarter in 2022.