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Top story
Not a market report
By:
Robert Pitts, Florida Real Estate Journal
MIAMI – If commercial real estate is going to recover to any degree in the near future, it’s going to take a cautious willingness on the part of lenders to take risks, according to the president of a Miami-based commercial mortgage firm.
Jose Guillen of Absolut Financial Resources added that while some lending is taking place, it’s being done on a very conservative basis that will likely be the standard for some time to come.
Florida Real Estate Journal recently spoke with Guillen for his perspective on the state of commercial real estate finance.
