Nareit Signs Comment Letter in Support of S.2405

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 vrostow@nareit.com)

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