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Underwriting Adjusts As Pandemic Continues

Underwriting clearly has been affected by the pandemic-led downturn. Lenders are using higher vacancies and reserves to underwrite, leading to more conservative loan proceeds.

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Last August a multifamily property went on the market in Los Angeles with cash-flow issues that would have made an underwriter pause even without a pandemic underway.

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Commercial Leasing Law & Strategy › May 2021 ›

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