FUNDAMENTALS
PREPARATION
Reflect and Prepare IF ONLY YOU HAD A CRYSTAL BALL AT THE OUTSET OF 2020…
by Don Wenner
Did you predict 2020would turn out this way?
changed this year, especially with lending. A late summer survey of bankers displayed the fears many lenders have. According to the industry survey, nearly half of presidents, CEOs, and CFOs believe commer - cial real estate lending faces the toughest road ahead. Nearly a quarter said industrial and com - mercial lending was the top con - cern for their bank. It appears these concerns are jus - tified. In the multifamily space, big lenders have encountered a difficult road. M&T Bank, New York Com - munity Bank, and Signature Bank have all seen shares decline by 30%+ since the start of the pandemic.
through the COVID-19 pandem - ic, with virtually no impact on our funding commitments. Through our experiences this year, we have some insights to share about how to better prepare oneself as a real estate investor. After all, the future is uncertain, but you have to be ready to navigate through it. So, in this article, let’s review the past year and see what lessons we can take from it. This will help en - sure we head into 2021 with the right strategy and a winning mindset. LESSON #1 SURVEY THE LANDSCAPE AND PREPARE ACCORDINGLY It’s helpful to review how the real estate investment landscape has
If you had a crystal ball, or at least were prepared for this sort of un- certainty, you probably are in a good position to emerge from this year strong and well-positioned for 2021. As you plan for the coming year, realize that 2020 has much to teach us. Our goal should be to learn from this past year and create a structure to thrive, regardless of prevailing conditions. At DLP Lending, we’ve continued working with real estate investors
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