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Regional and community banks play an outsized role in commercial real estate lending even in a volatile market.

October 20, 2023
Baltimore Skyline

Joe Slovick isn’t shying away from making commercial real estate loans these days. His rivals not so much. Developers are clamoring for loans and he sees a huge opportunity for Eastern Savings Bank to capitalize on that demand. Competitors — and the banking industry as a whole — see such a strategy as too risky. Slovick said that while rising interest rates and a possible recession might scare other bankers away, he believes that his bank has the right strategies in place to benefit.

Article Source: Baltimore Business Journal

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