While we still don\u2019t know the full impact the coronavirus pandemic will have on the economy, experts are examining lessons learned from previous downturns, like the Great Recession, to help understand what could lie ahead.<\/p>\n
According to the Washington Post, the U.S. now has 22 million people unemployed. This incredible strain on the economy has pushed us into a recession and eyes are on lenders to see how they respond to the inevitable trickle effect of those who are unable to pay off money borrowed.<\/p>\n
Despite the uncertainty, lenders continue to process loans and show signs that there are opportunities available while prioritizing serving current customers that might be strapped for cash.<\/p>\n
Join Bisnow and Mark Wancier, head of commercial real estate Metropolitan Commercial Bank and Mark Bahiri, managing partner and co-founder of Emerald Creek Capital, for a town hall discussing underwriting strategies, navigating relief requests, where opportunities lie and how lenders are gearing up for the next few quarters.<\/p>\n","protected":false},"excerpt":{"rendered":"
While we still don\u2019t know the full impact the coronavirus pandemic will have on the economy, experts are examining lessons learned from previous downturns, like the Great Recession, to help […]<\/p>\n","protected":false},"author":5,"featured_media":6415,"template":"","meta":{"_acf_changed":false,"_tribe_events_status":"","_tribe_events_status_reason":"","footnotes":""},"tags":[],"tribe_events_cat":[121],"class_list":["post-6413","tribe_events","type-tribe_events","status-publish","has-post-thumbnail","hentry","tribe_events_cat-webinar","cat_webinar"],"acf":[],"yoast_head":"\n