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Westchester’s multifamily market thrives through commercial lending decline

A survey of 70 domestic banks released in January by the Federal Reserve found that lending standards for commercial real estate loans of all types tightened during the fourth quarter of 2016.

CRE lending market looks to hold steady in 2016

With low interest and capitalization rates, steady growth in both Fairfield and Westchester looks to continue — though the full impact of GE's exit from Fairfield remains to be seen.