News Roundup: Politics & CRE, a Self-Storage Boom and Soaring Demand for Small-Business LendingNovember 2, 2018
Political Races for Commercial Real Estate Pros to Watch
As America heads to the ballot box tomorrow to decide the makeup of Congress for the next two years, Commercial Observer put together a list of races whose outcomes will have a direct effect on commercial real estate markets. Take a look, then keep a slightly more informed eye on results tomorrow evening.
Liberty Provides More than $14.2 Million in Health Care Financing in 2018
Recently, Liberty provided $1.2 million in financing for a medical facility in Miami, FL. That brings SBA 504 health care facility financing totals to over $14 million for 2018 alone.
Self-Storage Is Booming – and NOLA Is Leading the Way
The self-storage industry has outpaced the broader economy, growing 4.5% annually in recent years, and adding $4 billion in new storage spaces over the last year. And nowhere is that boom more obvious than in New Orleans, where more than 1 million sq. ft. of self-storage space is currently under construction.
REITs Outperform the Market
Ever-positive analysts have had to break out their euphemisms for stock market losses over the past few weeks, some even admitting that we may be seeing the early stages of a “correction.” But, despite that “volatility,” Bisnow reports that REITs have been outperforming the rest of the market, painting a positive picture for at least one sector.
Liberty Provides $23+ Million in Financing to Projects in California
Liberty is a nationwide provider of SBA 504 loans, but over the last two years, we’ve financed more than $23 million for projects in the state of California alone, including projects in Newport Beach, Imperial, San Diego and Riverside.
Small Business Lending Demand Up Significantly
The conclusion from the latest Thomson Reuters / PayNet Small Business Lending Index? Small businesses are doing well, and are under low financial stress. As a result, they’re investing in growth, driving demand for small business loans up 16% from last year.
How Can We Help You?
Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.