Davis Team Consulting is a Husband and Wife Team with Southern Classic Realtors that are in the Real Estate Industry and work to inform the public of the current market conditions happening in your neighborhood. We work with Buyers, HUD Homes, Foreclosures(REO), Short Sales and Resale Homes.
Lending conditions continue to remain tight for commercial real estate investments. This is especially pertinent for small businesses and investors looking for properties in secondary and tertiary markets.
In the wake of the post 2008-09 recession shakeout, large banks have been reluctant to underwrite commercial real estate investments.
According to the 2012 Commercial Lending Survey, large national banks accounted for only 21 percent of commercial deals.
In contrast, local banks provided the bulk of financing capital for commercial deals, with 64 percent of closed sales.
Private investors and regional banks were the other major sources of funding, with 45 percent and 44 percent of sales, respectively.
The Small Business Administration provided funding for 29 percent of closed transactions.