Author:

Jim Fraser

Jim Fraser is senior vice president of commercial real estate solutions at Built Technologies. He has over 30 years of experience in financial services, with an emphasis in construction lending and real estate development. Before Built, Fraser was executive vice president of commercial lending at Axos Bank, where he was responsible for commercial construction lending, income property, lender finance, equipment leasing and factoring, with a combined portfolio of $5 billion. Prior to joining Axos, Fraser was managing director at Banc of California, managing $500 million in residential and CRE construction, including FNMA and FHA renovation lending programs under Banc Home Loans national mortgage lending brand and 3rd party, fee-based services under RenovationReady®, a division of Banc Home Loans.

What to Expect for Commercial Construction Lending in 2023

May 25, 2023

Recent years brought new stresses on the construction industry – COVID-19 shutdowns, supply chain woes, labor shortages and bank failures have slowed projects or put them entirely on hold. At the same time, the cost of capital has risen considerably.

Author:

Jim Fraser

What to Expect for Commercial Construction Lending in 2023

Subscribe

Categories