Metrics prepares for surge in co-lending deals with big banks in 2026
The big banks are stepping back into the commercial real estate lending space, creating more competition with lenders.
Metrics Credit Partners is preparing to increase its co-lending deals with big banks in 2026 as more and bigger commercial real estate development projects are approved to help fill the housing gap.
Metrics’ latest report on the 2026 outlook for the sector says major banks are actively competing to secure loans to commercial real estate developers — an area the banks historically pulled back from following stricter capital rules after the Global Financial Crisis.
Some banks have been forming direct partnerships with superannuation funds to navigate capital requirements.
Speaking to Capital Brief, Metrics group chief executive and managing partner Andrew Lockhart said the government’s additional housing supply targets, increasing immigration, low levels of unemployment and low vacancy rates have put pressure on a number of lenders “to come back into the market”.
