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GlobeSt.com
By Erika Morphy | August 08, 2019
After a slow start in Q1, lending activity gained traction in Q2, according to the CBRE Lending Momentum Index, which closed at a value of 244 in June, up by 2.3% from March's close. Compared with a year ago, the index is up 20.8%.
The CBRE Lending Momentum Index tracks loans originated or brokered by CBRE Capital Markets. The index has a base value of 100, which represents average activity for 2005.
The quarter was marked by strong activity among life companies and banks' ongoing hold on the marketshare for CRE lending. Read more.