Bank lending to CRE picks up as commercial property sales, prices recover.
An upswing in bank lending in the fourth quarter signals higher levels of activity across nonresidential real estate, multifamily residential and real estate construction and development. Bank lending for real estate investment is closely related to trends in transactions and prices. Recently-released data from the FDIC on bank lending reveal increased lending for investment in nonresidential real estate, multifamily residences, and construction and development.