Photographer: Andrew Harrer/Bloomberg

Lenders Are Getting Choosier When It Comes to Risky Real Estate Deals

  • `We're getting late in the cycle,' Wells Fargo executive says
  • Landlords dealing with overbuilding, declining stock prices

Lenders are getting stingier when it comes to funding risky U.S. real estate developments, putting pressure on landlords in need of fresh funding to keep their projects afloat.

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