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You are here: Home » Resources » Articles » Construction Lending Outlook: Strong Sentiment and Fundamentals Amid Growing Uncertainties

May 30, 2019

Construction Lending Outlook: Strong Sentiment and Fundamentals Amid Growing Uncertainties

By Bill Tryon

MIXED MARKET SIGNALS CALL FOR SOUND RISK MANAGEMENT TOOLS

Many lenders have turned to construction lending in the search for increased yield but increasing uncertainties have made it harder to predict and manage construction risks. Development is still thriving, and there is no shortage of construction projects available for financing; however, developers and lenders are becoming more cautious. Strategies to control spiraling costs, completion delays and other sources of default have become even more important in underwriting and managing new construction loans.

To read the full construction lending market analysis and blog, click here.

About the Authors

Bill Tryon

Bill Tryon

Chief Strategy Officer
With over 30 years in the industry, Bill Tryon has developed risk management policies and procedures for one of the world’s top real estate lenders and has participated with government agencies to refine policies and requirements. He has developed a reputation for risk-based problem solving and excellence. As Chief of Construction and Environmental Services for a major real estate lender, he pioneered standards for the evaluation of environmental liabilities, property conditions, seismic and mold assessment activities. Many of his innovations and refinements have become common practice in the industry. He continues to influence due diligence practices as a member of the Environmental Banker’s Association, Co-Chair of the ASTM committee developing standards governing Property Condition Assessment, participation in additional ASTM committees, and Executive Director of the Construction Lender’s Risk Management Roundtable. As Partner’s Chief Strategy Officer, Mr. Tryon monitors industry trends and works with clients and the industry to develop policies and practices in response to emerging issues.

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