Investors Bank completed over $1.4 billion in commercial real estate (CRE) loan transactions during the first half of 2017. Focused on diversifying its loan portfolio, Investors Bank’s CRE Lending Group provided commercial mortgages for multifamily housing, mixed-use properties, office buildings, warehouses, shopping centers, and distribution facilities. The CRE Lending Group also originated construction loans. The Bank primarily finances CRE properties that are located in New York City, New Jersey, and Philadelphia as well as the surrounding Eastern Pennsylvania region.
In discussing the loan volume, Investors Bank Head of CRE Lending Joseph Orefice said, “We are very satisfied with type, number and total value of the financings we have completed so far this year. Our senior lenders have developed significant relationships with building owners and developers because we have the capabilities to meet their credit needs in a timely, an efficient and a responsive manner. We have the capital, and we’re ready to make CRE and multifamily housing loans.”
In recent weeks, the CRE Lending Group closed three major loan transactions with a total value of over $40 million. Here are details:
To speak with Investors Bank about commercial lending needs, please call: