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- March 25, 2025
- Events
- 4 Minute Read
The 2025 National Private Lenders Association (NPLA) conference in Miami brought together key players across the private lending ecosystem to share insights, discuss market shifts, and forecast future trends. Here are the top takeaways from this year’s event:
1. Capital Is Still Flowing, But Borrowers Must Be Strategic
Private lender sentiment and deal volume remain strong, but the landscape has become more nuanced. A major theme at NPLA 2025 was the growing importance of borrowers understanding the capital source of their lenders. The era of “catch-all” lending is fading, especially with the noticeable pullback in DSCR multifamily lending.
For borrowers, this means a more strategic and informed approach is needed. Capital is out there, but accessing it requires clarity on your needs and alignment with the right lending partners.
2. Distribution Depth Is a Key Differentiator
Among private lenders, those with the deepest and most diversified distribution channels are performing the strongest. These lenders are better positioned to offer customized, flexible financing solutions, thanks to broader access to investors and capital markets on the back end. This depth enables them to weather market fluctuations more effectively and serve a wider range of borrower profiles.
3. Optimism Around Treasuries and Deregulation
Looking ahead, there is a strong sense of optimism among lenders and investors alike. Many are anticipating a decline in treasury yields over the next 12 months. Combined with expectations of further deregulation, this could significantly boost transaction volume and bring more liquidity into the market.
Final Thoughts
The private lending space is maturing, and NPLA 2025 made it clear that borrowers and lenders alike must adapt. Understanding capital sources, aligning with specialized lenders, and keeping an eye on macroeconomic signals will be critical to thriving in this evolving environment. For those willing to do their homework and build the right relationships, the opportunities are as strong as ever.
