ULI members Glenn Grimaldi, executive vice president of HSBC; David D. Clark, senior vice president, Real Estate, Northwestern Mutual Life Insurance Co.; and Kevin Pivnick, managing director, Deutsche Bank, all described a healthy mortgage market in which only the long shots are having trouble finding funding these days. In a session titled “Full Court Press on Commercial/Apartment Debt” at ULI’s 2012 Spring Meeting, all three described how they each tend to look at potential deals a bit differently.
