Gantry Reports Steady Commercial Mortgage Production Across First Half of 2024 [Yahoo! Finance]
S&P Global Inc. (SPGI)
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Source: Yahoo! Finance
Second Half of 2024 as Markets Align for Improving Borrower Conditions and Lenders Respond with Targeted Programs SAN FRANCISCO, July 26, 2024 BUSINESS WIRE Gantry , the largest independent commercial mortgage banking firm in the U.S., reports steady commercial mortgage production through the H1 2024, with overall Q2 2024 production values essentially mirroring Q1 2024 totals. While market activity remains subdued in the cycle's current rate environment, strong indicators point to increasing demand for new originations moving into H2 2024 as the market responds to pending maturities, price discovery, and an improving policy climate with less volatility. "Gantry's loan production teams have remained consistently busy in the first half of 2024, successfully financing a broad range of assets and transaction types," said Tim Storey, Principal with Gantry . "Borrowers have had a year to process the current higher rate climate as volatility has transitioned to consistency. Yes, we are i
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