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June 21, 2011

Top 10 Lessons from the Recession for Commercial Real Estate Lenders


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In the memorable words of David Clayton-Thomas, “What goes up must come down.” Fortunately for the commercial real estate lending business, that maxim also works in reverse. Industry experts now generally agree that the fundamentals of the commercial real estate market are stabilizing and improving. Commercial real estate lenders have in large measure reopened for business and new start-ups have emerged to fill the void left by those that have exited the market. But the enthusiasm for new loan origination should be tempered with more than a measure of circumspection. Before diving into new transactions, lenders should refamiliarize themselves with the lessons learned from the recent downturn. We offer the following as a list of the “Top 10” such lessons.

View full memo, "Top 10 Lessons from the Recession for Commercial Real Estate Lenders"

Authors and Contributors

Malcolm K. Montgomery


Real Estate

+1 212 848 7587

+1 212 848 7587

New York

Christian Rudloff


Project Development and Finance

+1 212 848 4301

+1 212 848 4301

New York