Advice From a Lender: SunTrust Exec Adam Oates

By Keith Loria

SunTrust Community Capital is a wholly owned subsidiary of SunTrust Bank and provides debt and equity capital for real estate projects and businesses that economically benefit communities throughout the SunTrust footprint.

As president of the company, Adam Oates leads his team in helping investors and developers achieve their vision through changing and often challenging market conditions.

Although SunTrust Community Capital has a geographic focus on the southeastern U.S., it also follows clients across the country, whether clients focus on residential or commercial real estate, including multifamily, office, industrial and retail.

Oates recently spoke with MHN about what he’s experienced in 2017.

What have you seen so far in 2017 when it comes to multifamily investment opportunities in your area?

The institutional buyer has returned in 2017 after ceding ground to more local buyers last year. Our borrowers are fielding more calls from interested purchasers.

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Source: Multi-Housing News