Sept. 1, 2023
In an article published on Aug. 28 by the Daily Business Review and Law.com, Nelson Mullins partner Carl V. Romano shared his insight on the current lending slow down in Florida's commercial real estate market.
"While there is a continued need for commercial real estate lending in Florida," Romano wrote, "many institutional lenders have 'hit the brakes' and are focused on increasing deposits. The increase in deposits (with the corresponding decrease in lending) makes perfect sense. Institutional lenders will be flush with capital when the interest rates come down and the lending market returns to normal."
These materials have been prepared for informational purposes only and are not legal advice. This information is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Internet subscribers and online readers should not act upon this information without seeking professional counsel.