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Loan Standards Stabilize, But Credit Demand Slips in Q2
The New Magic Number for NYC Developers is 99
Falling Lumber Costs Could Spell Trouble for the Broader Economy
CRE Financing Stalled as Rate Cuts Remain Elusive
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

Loan Standards Stabilize, But Credit Demand Slips in Q2

Banks are easing up on aggressive tightening, but businesses and borrowers aren’t rushing to take on new debt.

THE TAKEAWAY

The New Magic Number for NYC Developers is 99

NYC developers are shrinking projects to avoid costly wage rules under the new 485-x tax program.

THE TAKEAWAY

Falling Lumber Costs Could Spell Trouble for the Broader Economy

Lumber prices have dropped 24% since early August, hitting their lowest level in a year.

THE TAKEAWAY

CRE Financing Stalled as Rate Cuts Remain Elusive

Investors are still sitting out as policy shifts, election politics, and market volatility keep deal flow muted.

THE TAKEAWAY

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