Gail Davis-Cardwell

"When you look at the second-quarter gain it was primarily due to the larger lenders," explains Gail Davis-Cardwell, senior vice president of the MBA's commercial/multifamily division.
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Meanwhile, Davis-Cardwell of MBA says that it's no secret that Fannie and Freddie have enjoyed a significant increase in their share of multifamily loans in recent years."There's only so long you can keep that momentum up," he notes.
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One explanation, says Davis-Cardwell of MBA, is that investors have a strong appetite for grocery-anchored and community shopping centers, which comprise the bulk of the retail loan originations."People will always have to eat," she says.

Pelusi sounds one note of caution about the grocery-anchored niche, however.He favors markets with high barriers to entry such as the key cities of the Northeast.