Slowed Commercial Acquisitions in U.S. Dampens Lending Activity in Q3

According to new research from CBRE, while sluggish commercial real estate investment activity has caused loan closings to slow in Q3 2020, a rise in loan applications in recent weeks is a promising sign for higher year-end closings.
 
The CBRE Lending Momentum Index, which tracks the pace of commercial loan closings in the U.S., fell to a value of 160 in September, down 17.6% from June. As of September 2020, the index was down 39.4% from a year ago.
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RSK: Less demand and tighter underwriting in the pandemic times. Which no doubt means rates will remain the same.