CRE loans near pre-recession peak
BPC Staff Oct 14, 2015 | 9:23 pm
<1 min read time
70 wordsAll Latest News, Banking and Finance, Real Estate and DevelopmentCommercial real estate loans are on the verge of surpassing their pre-recession all-time peak of $1.731 trillion, InvestorPlace.com reported. Based on data from the Federal Reserve, loan value most recently measured $1.723 trillion, within 0.5 percent of the prior peak, which occurred at the end of 2008. Prices also are rising. In August, Moody’s/RCA Commercial Property Price Index (CPPI) showed that prices had risen 15.2 percent from the prior year.
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