3/5/2018 | By Nareit Staff
Nareit, together with several industry colleagues, signed a letter to the Senate Banking, Housing and Urban Affairs Committee in support of S.2405 - Clarifying Commercial Real Estate Loans.
S.2405 would clarify capital requirements for bank loans made to finance CRE acquisition, development, or construction (ADC) loans. The U.S. House of Representatives approved a nearly identical measure by voice vote in November last year.
(Contact: Victoria Rostow at email@example.com)