Persistence and trust-building are key!

They can be tough to land, but persistence pays off.

The CRE lending market is expected to recover gradually, with opportunities emerging as interest rates stabilize and maturing loans drive new borrowing activity.Some regional banks are certainly struggling while others are consolidating in bid to become national powerhouses.Revised CRE Lending Projections2024: 26% growth to $539 billion (down from previous 34% growth forecast)2025: 23% growth to $665 billion (slightly lowered from 24%)Multifamily Sector Adjustments2023: $246 billion (49% drop from 2022)2024: 21% growth to $297 billion2025: 31% growth to $390 billionMarket FactorsRecent moderation in interest ratesSignificant number of loans maturing soonProperty owners hesitant, hoping for further rate decreasesUncertainty persists in the market, particularly regarding interest rates and property owner behavior.

Manage a big remodeling jobs is not an easy task, however you need persistance.2.

Network aggressively with experienced investors and mentors, continuously educate yourself on the market, and be patient and persistent.

You do need to work hard but more importantly, be persistent and not give up.

If it persists, have her sign an addendum to her lease for a dog poop removal service so that you can bill her monthly and let her know that her lease will not be renewed.

Persistence, and a sense of humor, pays off.

Councilman Eric Arias highlighted the substantial state and federal grants to improve infrastructure.However, residents voiced concerns about persistent problems such as a nearby wastewater plant's odor, inadequate lighting, and speeding trucks.

I encourage you to persist in reaching out to potential sponsors and actively cultivate strong relationships with them.