133. CRE Lending with Matthew Osborne, Eastern Bank: Life-Science Growth; Pandemic Look Back
In a special guest episode, Matthew Osborne, Executive Vice President, Senior Commercial Banking Officer with Eastern Bank joins the team to dive into the world of commercial real estate lending. We discuss the booming life sciences asset class in Boston, challenges for lenders and real estate developers, the intrigue of single-family rental properties, and competitiveness in the lending landscape. Matt also walks through what he saw on the front lines of lending during COVID-19 vs. past recessions, and how unprecedented government support impacted the playbook. Episode Notes: Intro (0:39) Life-science asset class in Boston (3:10) Challenges in the Boston market (8:39) Considerations for lenders (11:01) Self-storage sector (14:40) Pandemic impact vs. past recessions (17:13) Froth in the market (20:50) Competitive lending landscape (25:04) Intriguing property types: single-family rentals (26:24) Shoutouts (32:52) Questions or comments? Contact us at [email protected]. Follow Trepp: • Twitter: www.twitter.com/TreppWire • LinkedIn: www.linkedin.com/company/trepp-llc • Facebook: www.facebook.com/TreppLLC