{"id":1004143274,"date":"2016-05-03T05:19:35","date_gmt":"2016-05-03T13:19:35","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004143274"},"modified":"2022-12-04T19:15:50","modified_gmt":"2022-12-05T03:15:50","slug":"economy-watch-lending-standards-for-cre-tighten-in-q1","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/","title":{"rendered":"Economy Watch: Lending Standards for CRE Tighten in Q1"},"content":{"rendered":"<p>By Dees Stribling, Contributing Editor<\/p>\n<div id=\"attachment_1004143275\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004143275\" data-attachment-id=\"1004143275\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/fed-senior-loan-offcier-survey-0416\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg\" data-orig-size=\"722,334\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Samantha Goldberg&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1462266824&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Fed senior loan offcier survey, 0416\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Credit: The Federal Reserve April 2016 Senior Loan Officer Opinion Survey on Bank Lending Practices&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg?w=722\" class=\"size-medium wp-image-1004143275\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg\" alt=\"Credit: The Federal Reserve April 2016 Senior Loan Officer Opinion Survey on Bank Lending Practices\" width=\"300\" height=\"139\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg 722w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg?resize=300,139 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004143275\" class=\"wp-caption-text\">Credit: <a href=\"https:\/\/www.federalreserve.gov\/boarddocs\/snloansurvey\/201605\/fullreport.pdf\" target=\"_blank\" rel=\"noopener\">The Federal Reserve April 2016 Senior Loan Officer Opinion Survey on Bank Lending Practices<\/a><\/p><\/div>\n<p>The Federal Reserve released its April 2016 <a href=\"https:\/\/www.federalreserve.gov\/boarddocs\/snloansurvey\/201605\/fullreport.pdf\" target=\"_blank\" rel=\"noopener\">Senior Loan Officer Opinion Survey on Bank Lending Practices<\/a> on Monday,\u00a0which found that a majority of banks <a href=\"https:\/\/www.commercialsearch.com\/news\/construction-lenders-becoming-more-selective\/\" target=\"_blank\" rel=\"noopener\">tightened their standards on commercial real estate loans<\/a> over the first quarter of 2016. Even so, the survey also indicated that demand for CRE loans had strengthened during the first quarter.<\/p>\n<p>The survey didn&#8217;t ask lenders why they tightened CRE lending standards, but there are a few likely possibilities. One is that they&#8217;re more concerned about the economy than they were at the end of 2015, and worry that sluggish growth overall will slow down leasing and other forms of demand for CRE. Lenders might also be worried about overheating in certain markets, such as multifamily development.<\/p>\n<p>A moderate faction of banks reported stronger demand for construction and land development loans and loans secured by nonresidential properties, while some also reported stronger demand for loans secured by multifamily residential properties. Meanwhile, nearly all foreign banks reported leaving CRE lending standards basically unchanged, while a significant fraction of foreign banks reported experiencing weaker demand for such loans.<\/p>\n<p>In response to conditions in the <a href=\"https:\/\/www.commercialsearch.com\/news\/choppy-waters-uncertainty-looms-for-the-cmbs-market\/\" target=\"_blank\" rel=\"noopener\">CMBS market<\/a> over the past six months, banks said they upped the volume of CRE loan originations while decreasing the volume of CRE loan securitization, the survey said. When asked about the anticipated large amount of CRE loans originated in 2006 that&#8217;s currently held in CMBS and which will need to be refinanced over the next six months, a good number of banks noted they expect standards for these refinancings to be somewhat tighter than the standards for other CRE loans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Fed&#8217;s latest bank lending practices survey found most banks have tightened their standards on CRE loans in the first quarter, even though demand for these loans has strengthened at the same time.<\/p>\n","protected":false},"author":1023,"featured_media":1004143275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21783,23891,21742],"tags":[],"class_list":["post-1004143274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-investment","category-national","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Economy Watch: Lending Standards for CRE Tighten in Q1 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy Watch: Lending Standards for CRE Tighten in Q1\" \/>\n<meta property=\"og:description\" content=\"The Fed&#039;s latest bank lending practices survey found most banks have tightened their standards on CRE loans in the first quarter, even though demand for these loans has strengthened at the same time.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-05-03T13:19:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-05T03:15:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"722\" \/>\n\t<meta property=\"og:image:height\" content=\"334\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Dees Stribling\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/\",\"name\":\"Economy Watch: Lending Standards for CRE Tighten in Q1 - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg\",\"datePublished\":\"2016-05-03T13:19:35+00:00\",\"dateModified\":\"2022-12-05T03:15:50+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg\",\"width\":722,\"height\":334,\"caption\":\"Credit: The Federal Reserve April 2016 Senior Loan Officer Opinion Survey on Bank Lending Practices\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Economy Watch: Lending Standards for CRE Tighten in Q1\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c\",\"name\":\"Dees Stribling\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g\",\"caption\":\"Dees Stribling\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/dcstribling\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Economy Watch: Lending Standards for CRE Tighten in Q1 - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/","og_locale":"en_US","og_type":"article","og_title":"Economy Watch: Lending Standards for CRE Tighten in Q1","og_description":"The Fed's latest bank lending practices survey found most banks have tightened their standards on CRE loans in the first quarter, even though demand for these loans has strengthened at the same time.","og_url":"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-05-03T13:19:35+00:00","article_modified_time":"2022-12-05T03:15:50+00:00","og_image":[{"width":722,"height":334,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg","type":"image\/jpeg"}],"author":"Dees Stribling","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/","url":"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/","name":"Economy Watch: Lending Standards for CRE Tighten in Q1 - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg","datePublished":"2016-05-03T13:19:35+00:00","dateModified":"2022-12-05T03:15:50+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg","width":722,"height":334,"caption":"Credit: The Federal Reserve April 2016 Senior Loan Officer Opinion Survey on Bank Lending Practices"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/economy-watch-lending-standards-for-cre-tighten-in-q1\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Economy Watch: Lending Standards for CRE Tighten in Q1"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/dc1e9fa4ee0430d86f8e60cd697c953c","name":"Dees Stribling","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42add8af9e9229ed27332ad13f5b8c6f6ae89de868a41cf81baaac4ad46e589a?s=96&d=mm&r=g","caption":"Dees Stribling"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/dcstribling\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Fed-senior-loan-offcier-survey-0416.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004143274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1023"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004143274"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004143274\/revisions"}],"predecessor-version":[{"id":1004621192,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004143274\/revisions\/1004621192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004143275"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004143274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004143274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004143274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}