Institutional or non-institutional lenders? That is the question
Jeffrey Munoz, vice president in NorthMarq's Boston regional office, authored an article featured in the New England Real Estate Journal titled "Institutional or non-institutional lenders? That is the question?" Read a snippet of the story below and check out the full coverage in NEREJ.
Boston’s residential and commercial real estate market is known for its strong fundamentals. With an expected slowdown in activity nationwide, Boston remains a point of focus for both institutional and non-institutional lenders looking to increase their exposure. Because short-term debt generally comes with a higher interest rate, institutional lenders, such as life insurance companies, start debt funds to offer short-term bridge loans. These will achieve the yield requirements for their investors. But what is the difference between Institutional and Non-Institutional Bridge lenders?