Billions Of Dollars Affected

The coronavirus pandemic has disrupted at least $3.9B in U.S. construction loans, as cities and states continue to implement a patchwork of social distancing policies and stay-at-home orders.Built Technologies Director of CRE Strategy Jim Fraser told Bisnow that about $3.9B, or 22%, of U.S. construction loans managed via the company’s loan management platform are based in a location with some …