The golden age of real estate is you hope still ahead of us as we learn how to manage the complexity of lending on the dynamic and changing asset classes that comprise modern day real estate.
What once was just a single family residence is now morphed into planned unit developments, master planned communities, condominium developments, condoteles, time shares and mixed use apartments/commercial/hotels and single occupant units.
The question becomes how are investors going to be lured back into the real estate lending arena to better define the critical shortage of housing developing daily, when currently they have been sold a bill of goods that has come up empty by Wall Street? As a nation, it is reported, we need 700,000 new housing units yearly to keep up with existing growth.
What once was just a single family residence is now morphed into planned unit developments, master planned communities, condominium developments, condoteles, time shares and mixed use apartments/commercial/hotels and single occupant units.
The question becomes how are investors going to be lured back into the real estate lending arena to better define the critical shortage of housing developing daily, when currently they have been sold a bill of goods that has come up empty by Wall Street? As a nation, it is reported, we need 700,000 new housing units yearly to keep up with existing growth.
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