Commercial Real Estate Financing: What to Do Now
An Interview with George Blackburne
We hear something like this from our customers almost every day: “It’s really a great time to buy property, and if I could get the financing I would certainly do more deals.”*
We hold ourselves out to know a few things about real estate finance,
but we must confess that we don’t know where the treasure is buried.
So we decided to ask an expert: George Blackburne, III , founder of C-Loans
and Blackburne & Sons Realty Capital Corporation.
RD: George, we know you’ve been in commercial finance for decades. Give us your boots-on-the-ground assessment of where we are now.
GB: Clearly, it is much more difficult to finance commercial property than it has been in a very long time. But I don’t agree with the conventional wisdom that you simply can’t get a loan. It’s going to require a lot more digging, but if the deal is a good one then it’s not impossible.
RD: Who’s lending now? Continue reading-->
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