The Bank has been growing their loan portfolio in the New York area 31 % per year since 2013, with commercial real estate (CRE) and
especially apartment loans playing a major role.
Not exact matches
For - profit developers have also used tax - exempt bond
loans and 4 percent LIHTCs to create buildings that mix new affordable housing with luxury
apartments,
especially in high - rise developments like New York City.
Lenders are also tightening their standards for
apartment loans,
especially for construction financing.
Balance sheet lenders are also eager to make permanent
loans to fully - occupied
apartment properties with proven income from rents —
especially compared to
loans to build new
apartment properties.