Finance – Not Like Last Time

Urbanised has analysed APRA Reports and found something particularly interesting. During the GFC there were daily reports of loan defaults and developers going under. This time around in the market cycle, loan impairments of commercial property loans are at an all-time low at 0.16%. It is most likely that historically low interest rates have allowed borrowers to weather the market downturn.  As rates are unlikely to increase too soon this gives commercial property borrowers some breathing space. During the GFC Non-Bank Lenders were leaving the market, this time they are seeking higher returns and the commercial property sector is delivering. Urbanised helps its property clients gain access to the most competitive property finance available. Please contact us for further information.