Mission Success: Borrowers Are More Comfortable Going to Alternative Lenders, Says Trez Capital Leader
As regional banks continue to pull back—and capital for new development becomes scarcer and more expensive—more borrowers are looking outside traditional capital sources, with alternative lending becoming more of a complement to conventional financing sources.
"There’s a lot of market inefficiency that borrowers are seeing, and alternative lenders are really stepping in to fill that gap," Sandra Ferenz, managing director, portfolio manager & product strategy with Trez Capital, told Multi-Housing News Senior Editor Laura Calugar in this Mission Success: Women in Multifamily podcast episode.
Tune in for the entire conversation!
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