Bankers ran for the hills when the pandemic hit, but got back to dealmaking in the second quarter. U.S. banks provided $380.61 billion in construction loans in the second quarter, up from $369.75 billion in the first quarter, according to a report from S&P Global. Commercial lending on properties such as office or condo developments rose to $300.35 billion from $288.33 billion during the period. Meanwhile, loans originated on one- to four-family residential properties fell
source https://therealdeal.com/2020/08/31/what-delinquencies-banks-arent-shying-away-from-construction-lending/
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