Dean Sioukas: How The Fintech Monster Is Eating Commercial Real Estate
Ten years ago, telling a friend you met someone on Match.com was a big taboo; people would make fun of you for meeting online. Couples would make up stories to hide how they really met. Now, with apps like Tinder, it has become mainstream and even encouraged in some circles. Online lending has grown exponentially over the last decade, and more importantly, it has grown more acceptable and trustworthy. If personal loans and home loans can be handled online, why not CRE loans? Adding a few more zeros to the dollar amount does not change the process.