Founder and CEO of UC Funds, Daniel Palmier, was quoted this week with CoStar Group coverage of this past week’s banking blunders.  Despite the challenges, UC Funds remains optimistic and open for business.

“Smaller local banks are likely to cut back on real estate lending, “but I do not envision the commercial real estate lending landscape completely drying up as it did in 2008 and 2009,” Daniel Palmier, founder and CEO of Boston-based real estate lender UC Funds.  “While there will be less capital in the marketplace for the foreseeable future, there is still capital available and there is still appetite from borrowers to get deals done,” Palmier said.

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