Posted on September 25, 2018 ยท Posted in Investments, Land, Multi-Family, Office, Retail

South Florida commercial real estate sales bounced back from a low during the Great Recession in 2009, and markets are still adjusting.

Alternative lenders have made headway in a field once dominated by banks, and the multifamily market is transitioning from condominiums to apartments.

Banks Get Company on the Commercial Real Estate Lending Front

Banks held 40 percent of the commercial real estate debt in 2017 nationally, but South Florida borrowers increasingly are turning to alternative lenders for more flexible terms.

South Florida Multifamily Market Trending Toward Apartments After Years of Condo Focus

As multifamily demand has shifted to apartments, some condominiums have been converted to apartments.

Source: DBR

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