“According to CBRE, commercial real estate lending volume in the U.S. finished the year on a strong note as loan closings surged in November and December 2016.  Despite concerns throughout the year regarding the direction of the global economy, U.S. capital markets remained favorable to borrowers in Q4 2016 due to low relative rates and abundant capital.  The CBRE Lending Momentum Index, which tracks the pace of U.S. commercial loan closings, reached a value of 266 in Q4 2016, the highest level on record. This represented a 37% increase from the Q3 2016 level, as well as from the prior year.”