Where Are All of the Commercial Real Estate Lenders?

I own a commercial mortgage portal known as C-Loans.com, and we exhibited at the annual Mortgage Bankers Association Commercial Real Estate Finance Conference  in Orlando, Florida last week.  The attendance was just a fraction - maybe just 30% - of last year's attendance.

Why was attendance so low?  It's a reflection of the level of commercial lending activity right now.  Banks and conduits simply aren't making a lot of commercial real estate loans right now.  And when commercial mortgage lending volume is down by 70%, so is the fee income of most commercial real estate lenders.  Commercial banks and commercial mortgage banking companies simply couldn't afford to send their agents to attend the conference.

I remember thinking as I manned the C-Loans exhibit booth the first morning, "Gee, I guess the big surge will come tomorrow."  In reality, the pathetic first day of the conference ended up being the busiest day.

These are not good times for the commercial real estate lending business. 

Fortunately I own a hard money commercial lending company known as Blackburne & Brown, and we are receiving a nice volume of loan requests right now.  The reason why is because the banks are turning down most new commercial real estate loan requests right now.  If you happen to need a commercial real estate loan, please click here.  If you fill out the little mini-app, it comes directly to me, George Blackburne, the owner of Blackburne & Brown.