Edward Fernandez, president and founder of 1031 Crowdfunding, shares insight with Anna-Marie Beal at Real Estate Capital USA about the resurgence of commercial real estate lending and his firm’s plans for growth in 2023. “We are seeing a lot of three-year bridge lending with interest-only payments, not paying down the mortgage. The intent is that in three years we should see interest rates getting back to where they need to be and then [a sponsor] can refinance to more of a traditional type of debt,” said Fernandez.
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