When it comes to commercial real estate, Banks prefer to Lend, Not Lease

CRE Expected To Be a Top Driver of Loan Growth in 2014 Even as Banks Continue To Shrink Their Footprints

As 2014 kicks off, many U.S. bankers say it’s high time to start growing everybody’s commercial real estate portfolios – except for their own, that is.

While projecting significant growth in CRE lending this year in most markets, banks continue to downsize their branch retail networks and streamline headquarters space.

SunTrust Bank’s chairman and CEO William Henry Rogers, told his CRE loan originators: “Keep growing, I’ll tell you know when to stop,” Rogers told analysts this past week on his fourth quarter earnings conference call.

Huge Boost Ahead for Industrial Markets!

U.S. companies will bring production, customer service and IT infrastructure back home, reports tax-advisory firm Grant Thornton.

The re-shoring trend is real and about to dramatically reshape the U.S. economy. More than one-third of U.S. businesses will move goods and services work back to the U.S in the next 12 months, which means that as much as 5% overall U.S. procurement may return home. The Grant Thornton LLP “Realities of Re-shoring” survey found that even IT services, one of the first business functions to move offshore, are likely to return within a year. The trend could provide an enormous boost to domestic manufacturers, retailers, wholesalers/distributors and service providers.

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