Iacono Says Despite Office Struggles, Insurance Impacts, Alt Lenders Well Positioned Across Property Types
Crescit Capital Strategies CEO Joe Iacono recently participated in a 2024 mid-year CRE roundtable with Commercial Property Executive. He warned about long-term impacts of the insurance market and cautions about the unresolved issues with work-from-home on the office sector but added that now is an opportune time for alternative lenders to supplement funding across property types as traditional banks have significantly pulled back on their lending.