Real Estate Weekly recently featured Sandy Herrick’s article on “Opportunities for Private Lenders in Today’s Market.” Here is an excerpt:
“During the market’s recovery from the worst recession since The Great Depression, a vast number of once under-water commercial assets — transitional properties — were recapitalized through private lending sources with the goal of achieving conventional financing after stabilization.
While the low-hanging fruit has now been tended to, a wide range of opportunities remain for private lenders to work with experienced owners and developers in unlocking the true value of properties.”
Click here for the full article, which also appeared in the Scotsman Guide.
