While banks struggle with financial regulations, non-conventional lenders are taking a bite out of market share. Nonbanks originated nearly $60 billion last year, a 40 percent increase from 2014, the Wall Street Journal reported, citing data from Green Street Advisors. Now, those lenders account for 10 percent of market share, up from 2 percent in 2014. Private equity firms, pension funds and government funds are delving into higher-risk lending including construction and bridge loans, while […]
source https://therealdeal.com/2018/08/22/nonbanks-eat-up-lending-market-share-with-40-increase-in-loan-origination/
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