Credit crunch puts pressure on multifamily market

04/28/2008 | GlobeSt.com

The multifamily market is being particularly hard hit as lenders tighten rules in the wake of the credit crunch. Unanchored retail deals are also feeling the pinch. "Is it credit crunch or crisis, depends on who you are. If you are a borrower who needs to refinance, it's a crisis," said Don Farmer, a senior vice president with Bridger Commercial Funding.

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