GlobeSt: Greystone’s Paul Fried Bets CARES Act Will Relieve CRE Pressure
By Les Shaver
Many, if not most, commercial real estate transactions have paused but there is still some action in the apartment and healthcare markets, reports says Paul Fried, executive managing director for Greystone.
“There are some transactions, and there is financing going on,” he says. “We’ve had a busy month because the one area in the world of finance that has continued to be open for business are the agency lenders, Fannie Mae, Freddie Mac and HUD.”
These enterprises and agencies are benefiting from federal policy to continue to support residential and healthcare lending, according to Fried.
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