The commercial real estate market has been one of the most neglected and least talked about parts of the recovery.  However, many commercial buildings have been lost in the last 3 years due to lack of funding for commercial loans that have come due.   This has been the other shoe that has been threatening to fall.

          Wells Fargo has just announced that it intends to be a leader in the resurgence of commercial lending which it sees as a growing market.  Since its’ acquisition of Wachovia, which held the number one position as a commercial lender, no one has stepped up to the plate in that category.

           Historically, when one lender steps out with a new approach to an existing problem, others not wanting to be left behind, begin to follow suit.  Hopefully the Wells move will begin to solve the commercial lending problem that has plagued the economy for  a long time.

 Don Schaller

Broker/Owner

Schaller Family Realtors

Dickson Realty, Truckee

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