However, the handling of the Stimulus package has received a lot of criticism from both borrowers and industry professionals. Various forms of the Stimulus have been rolled out and quickly ran out of money. This has occurred four times now. Many borrowers that were half way through the lending process were denied funding due to this, causing considerable distress. This happened to thousands of borrowers.
The US is far from having the current situation resolved within the commercial mortgage industry. However there are signs of growth, such as a rebound with apartment occupancy levels, and in increased funding with small commercial lenders and banks.
State of the Commercial Mortgage Business in the US
By: Jeff Rauth About the Author Are you frustrated with the results that your current contacts are providing? Are you concerned that they won't be able to get your commercial loan closed on time and at the quoted terms? If so, call Jeff Rauth, President of Commercial Finance in Ashburn Advisors, Inc, a national commercial mortgage firm. He specializes in commercial mortgages between $400,000 - $5,000,000, nationwide. 248 885-8797 or at SBA 504 Loans or purchase commercial real estate (ArticlesBase SC #3602631) Article Source: http://www.articlesbase.com/ - State of the Commercial Mortgage Business in the US