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It will surprise nobody to hear that in 2009 bank lending had its sharpest decline since the Great Depression. I am all too aware of this fact each day at work as I go about placing my client's loans. However FinanceBoston continues to successfully close on funding as we leverage off our many years of excellent lender relationships throughout the US.
You maybe surprised to learn that some commercial real estate still trades today near their peak values from 2007 due to pent up demand from private funds wanting to put their money to work....but this could soon change with the looming CMBS maturities.
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