{"id":60,"date":"2010-04-20T12:20:38","date_gmt":"2010-04-20T19:20:38","guid":{"rendered":"http:\/\/www.swartzcre.com\/observations\/?p=60"},"modified":"2010-04-20T12:20:38","modified_gmt":"2010-04-20T19:20:38","slug":"financing-commercial-real-estate","status":"publish","type":"post","link":"https:\/\/www.swartzcre.com\/observations\/2010\/04\/financing-commercial-real-estate\/","title":{"rendered":"Financing Commercial Real Estate"},"content":{"rendered":"<p>Banks, you can&#8217;t live with em and you can&#8217;t live without em.\u00a0 At least in commercial real estate and in most business enterprises that altered old adage is true.<\/p>\n<p>Something needs to break before the entire investment real estate community does.\u00a0 Never before have I seen a client turned down for a loan when he has significant funds in the bank, excellent credit and passive income well into 6 figures because he doesn&#8217;t have a job.\u00a0 But I just had that happen.<\/p>\n<p>Never before have I seen a client given the burden of having cash collateral for the renovation of a building when that is what they need the money for but that is what just happened.<\/p>\n<p>Something better happen to get banks lending\u00a0 on commercial real estate again under reasonable circumstances or this recession can never end.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Commercial real estate lending needs to loosen up before we can get out of this recession.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[189,47,190,148],"class_list":["post-60","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-bank-lending","tag-commercial-real-estate","tag-financing-commercial-real-estate","tag-recession"],"_links":{"self":[{"href":"https:\/\/www.swartzcre.com\/observations\/wp-json\/wp\/v2\/posts\/60","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swartzcre.com\/observations\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swartzcre.com\/observations\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swartzcre.com\/observations\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swartzcre.com\/observations\/wp-json\/wp\/v2\/comments?post=60"}],"version-history":[{"count":2,"href":"https:\/\/www.swartzcre.com\/observations\/wp-json\/wp\/v2\/posts\/60\/revisions"}],"predecessor-version":[{"id":62,"href":"https:\/\/www.swartzcre.com\/observations\/wp-json\/wp\/v2\/posts\/60\/revisions\/62"}],"wp:attachment":[{"href":"https:\/\/www.swartzcre.com\/observations\/wp-json\/wp\/v2\/media?parent=60"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swartzcre.com\/observations\/wp-json\/wp\/v2\/categories?post=60"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swartzcre.com\/observations\/wp-json\/wp\/v2\/tags?post=60"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}