Commercial Lending: Banks Put Tenants Under The Microscope
Over the last 12 months, banks have been continuing to ramp up scrutiny on commercial property assets. Now more than ever before commercial tenants are being placed under the microscope.
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Over the last 12 months, banks have been continuing to ramp up scrutiny on commercial property assets. There has been more attention paid to interest cover for investment assets however anticipated interest rate cuts and the recent reduction of bank bill swap bid rate (BBSY) will likely lead to some relief.
An emerging trend that has largely flown under the radar is the additional consideration lenders now apply to both the underlying asse…
