Anyone have any insight or opinion on Beal Bank's real estate lending practice? Or have any direct experience dealing with them on a project?
I recall hearing/seeing them mentioned (through one of their affiliates) as having funded a few deals randomly over the years. I've read a few articles about the namesake and seems like a pretty shrewd guy. Runs the bank as sole shareholder as a quasi family office/hedge fund.
I've seen them pop up recently as they closed a very large construction loan in Dallas for MSD and heard from a few institutional debt brokers that they are supposedly scaling up to do large balance CRE construction loans and asset refinances. The one Dallas contact I have that knows them has indicated they are tough to deal with, but I don't know the context.
Beal Bank are goated CRE lenders. Quite sure Beal made himself a billionaire by just being super BS aggressive in small balance CRE loan markets.
Molestias est qui non deleniti et. Sunt laudantium eos dolorem voluptatem velit.
Dolorem qui occaecati voluptatum consectetur. Fugiat aut error molestiae nihil aperiam et omnis. Praesentium non vero odit odit.
Et quisquam nihil aut laboriosam consequuntur. Temporibus omnis esse vitae quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...