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by and more expensive.
Lenders are tightening their belts, turning away developers with good credit.
“Even if you have been making your payments and you go to your bank for a refinance on your commercial real estate loan, it may well be that they don’t have the capacity to refinance you,” he said.
Experts say Texas is standing on better ground, compared to other states, because it didn’t over build. However, there’s a rocky road ahead.
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