Commercial real estate lending increases in Q3 2019

Commercial real estate lending activity remains positive after the Federal Reserve took steps to calm financial markets’ growing concerns over sluggish global economic growth and ongoing trade disputes, with two interest rate cuts in the third quarter (and one in late October), according to CBRE.

The CBRE Lending Momentum Index, which tracks the pace of commercial loan closings in the United States, reached a value of 264 in September 2019 — up 8.2 percent from June’s close. Compared with a year ago, the CBRE index is up 5 percent.