Moderator, "Views on Construction Lending: Owners vs. Lenders," Fall Financing Commercial Real Estate Forum
Construction lending isn’t for the faint of heart, with an estimated 90 percent of construction projects running over projected timelines at the end of 2018. The lending niche—historically reserved for traditional lenders and more recently debt funds—takes guts and guile as well as extensive first-hand experience in development’s highs and lows. However, over the past 24 months a number of real estate owners have launched debt arms and thrown their hats in the construction-lending ring. So, which lending partners are most attractive in a construction project? Our panelists will discuss the void owners are filling in the market; which construction projects are getting financed and why; and the advantages/disadvantages of borrowing from an owner v. traditional lender v. debt fund.