Final numbers from banks’ third-quarter earnings show that bank executives continued to originate new loans for commercial real estate in late summer and early fall, but they’re being pickier when approving applications.
Bank Lending Remained Strong Through Fall but Warning Signs Lurk
Commercial Real Estate Loans Grew in Third Quarter but Hospitality, Office Remain Problem Sectors
By Andy Peters
CoStar News
November 11, 2022 | 8:11 P.M.
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IN THIS ARTICLE
- Properties
- First Citizens Community Bank
15 Main St, Mansfield, PA
- The Tower at PNC Plaza
300 Fifth Ave, Pittsburgh, PA
- One North Shore Center
12 Federal St, Pittsburgh, PA
- Companies
- F.N.B. Corporation
Finance and Insurance
- First National Bank
Finance and Insurance
- PNC Financial Services Group, Inc.
Finance and Insurance
- M&T Bank Corporation
Finance and Insurance
- First Citizens Community Bank
Finance and Insurance
- Contacts
- Gary Guerrieri
Chief Credit Officer, First National Bank
- Darren King
Senior Exe. VP, Chief Financial Officer, M&T Bank Corporation