When the stock market tanked as states/cities enforced stay at home orders and forced businesses to close, the appetite for these loans dried up immediately over night on the secondary market.

They are thinking; I don't need housing inspectors, lead paint suits, tenant's right in rent court, politicians against landlords, water bills in excess, squatters or law suits!

Personally, I believe it will settle in between the naysayers who are calling this end of office real estate as we know it and believing that everything will go back to the similar amount of appetite for office space. 

I’m in a high populated area, going further than a mile seemed to excessive

During the GRC I was lucky none of my 5yr call dates fell on low appetite for lending years. 

A number that can be deleted if I do not meet their calculations or if the formula changes:(Looking for construction friendly Banks/Credit Unions with an appetite for new construction with apartments (18-60 doors) and mixed used (retail on the bottom/Apartments up top).  

@Cody Smith, appetite for risk is a function of your experience and your life situation.

However, according to law, only non-profits can create pay-to-enter raffles, and the excess proceeds can only be used for the non-profit purpose.

I think that's what you'll need to get for proof of excess noise.

( That can include large unexpected repairs, for example, like finding out you’ll need a new HVAC system or a new roof, which can cost upwards of $500k plus).In addition, some of the investors who expressed an interest will end up backing out, and having an excess or reserve will help fill in the amount you lost.