Second highest number of CRE loans recorded in a day since pandemic

Yesterday, November 9, there were 25 commercial loans of $5 million or above recorded, which was the second highest number recorded in a day since the start of the Covid-19 pandemic in early 2020. The volume of loans was also tied for the third most since mid-2019. This information is based on PincusCo Media data and analysis of city property records.

The loan volume is also more than double the average number of commercial loans recorded daily since mid-2019, which is 10 loans.