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“We are on the verge of a crisis in the industry, with very little lending ongoing at the regional level because the banks need the money themselves to offset their exposures,” Alan Hammer, an executive committee member at the law firm Brach Eichler, told Commercial Property Executive. 🔗Read the full story now: https://lnkd.in/errqAwdn 📞 Questions or need legal advice? Contact Alan at 973.403.3113 or ahammer@bracheichler.com *This is intended to provide general information, not legal advice. Please contact the authors if you need specific legal advice.

New commercial real estate projects have slowed in NJ thanks to high borrowing rates

New commercial real estate projects have slowed in NJ thanks to high borrowing rates

finance.yahoo.com

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