Money’s getting a little tighter for commercial real estate. CRE loans in the first quarter. In particular, a significant number of banks said their lending standards for construction and land.
MOST BANKS kept their. requirements steady for commercial real estate loans during the first quarter, lower than the 76.7% booked in the last quarter of 2018. However, the DI approach showed some.
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Banks Report Continued Tightening on Multifamily, AD&C Loans By Michael Neal on May 4, 2016 (). Credit standards on loan applications for commercial real estate loans (CRE), which includes land development and construction, multifamily, as well as nonfarm nonresidential loans, tightened over the first quarter of 2016.
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Regarding loans to businesses, the July survey results indicated that, on balance, banks tightened their standards on commercial and industrial (C&I) and commercial real estate (CRE) loans over the second quarter of 2016. 3 The survey results indicated that demand for C&I loans was little changed, while demand for CRE loans had strengthened during the second quarter on net.
U.S. banks tightened standards for real estate loans and credit card borrowing during the first quarter over concerns about Asian and European economies.
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The Fed survey of senior loan officers of 69 domestic banks and 21 foreign banks found standards were tightened on all types of commercial real estate loans. A large fraction of banks reported.
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Banks also reported weaker demand for both commercial and residential real estate loans, echoing the softer housing data in recent months. The details: The net percentage of banks reporting easier standards on loans to large- and medium-sized firms stayed flat at 16%, while standards for small firms were basically unchanged on net.
. the tightening of standards for commercial and industrial lending owed to concerns over the oil and gas industries, the Fed said. Banks also tightened standards for commercial real estate lending..
For these reasons, regulators have been watch- ing cre loan growth carefully. U.S. banks have increased their commercial real estate (cre) lending signifi– cantly in the past five years. Economists and regulators note that some posi- tive factors are driving this trend, but they also see potential risks.
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