The number of banks reporting tighter loan conditions was almost at zero, according the Federal Reserve’s latest quarterly survey of senior loan officers, first reported by CoStar.
Bank demand for CRE hasn’t reached such levels since the first quarter of 2021.They have already seized back some market share.
Banks accounted for 43% of loan closings in the fourth quarter by non-agency lenders, up by 18% from the previous quarter and 40% from a year ago.
Source: Banks Return To The CRE Table With More Lending Appetite