There is «huge demand for affordable housing as the gap grows between market rate and what people can pay,» says Frank Baldasare, senior vice president responsible for originating agency and FHA / HUD financing at commercial
real estate lender Walker & Dunlop.
These alternative
lenders, defined here as non-bank
lenders excluding insurance and pension providers, include commercial
real estate finance company
Walker & Dunlop and commercial mortgage financing provider Ladder Capital, among L.A.'s top 10 commercial loan originators in the first half of the year.