The Real Deal New York

Risk is back: Banks are starting to lend on pro forma income and requiring less equity and fewer personal guarantees

February 04, 2014 10:30AM
By Adam Pincus

Screen Shot 2014-02-03 at 12.14.31 PM

From the February issue: When it comes to loans for new construction projects, purchases of office buildings, and other commercial real estate transactions in New York City, sources say that risk is creeping back. [more]

One Response to “Risk is back: Banks are starting to lend on pro forma income and requiring less equity and fewer personal guarantees”

  1. February 04, 2014 at 11:16 pm, Victor said:

    The start of the end

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