In the coming years, businesses and real estate investors will need capital critical to their survival that banks won’t be able to provide, according to Kris Roglieri, president and founder of Prime Commercial Lending.
“We all saw the housing bubble come and go, and now the commercial bubble is right around the corner,” Roglieri, who is also the founder and leader of the Commercial Capital Training Group, told the New York Real Estate Journal.
Five- and 10-year loans, which originated before the market crash, are set to close between 2012 and 2015.
Prime Commercial Lending offers many alternatives to traditional big-bank loans — learn more here.
And read more from the New York Real Estate Journal here.