Category: Commercial Real Estate

Piermont Works with CRE Debt Funds to Make Your Portfolio More Profitable CRE borrowers are navigating the current economic environment with creative approaches, and so is Piermont Bank. We are pivoting alongside our customers. If you are a CRE debt fund or thinking about raising one, Piermont Bank can make a perfect partner for you: […]

Corlears School’s Mission Founded in 1968, Corlears School is a progressive nonprofit independent school for young children located in the Chelsea/West Village area of New York City. Corlears provides children from toddlers through fifth grade with the foundation they need to gain confidence and fall in love with learning. Corlears is committed to creating an […]

We are excited to announce that Piermont Bank is now supporting commercial real estate businesses in Southern California. As a digital bank built for the modern entrepreneur, we are ready to meet California’s businesses where they are. Since our inception in 2019, Piermont Bank has provided a superior financing experience for commercial real estate owners, […]

On September 21, 2022, the Federal Reserve (Fed) raised rates for another 75 bps, the fifth rate hike this year. According to the Fed’s September economic projections, the Federal Open Market Committee (FOMC) policy makers suggested that 2022 will end in the 4% to 4.5% range. To help navigate the rate environment and overall economic […]

As we move into the fourth quarter, a complex but navigable multifamily market has emerged. Multifamily borrowers worry about the rising interest rate, the severity of a very likely recession, the approaching inflection point, and the changing business narrative following the past two years of COVID-19. However, multifamily remains a stable and attractive asset class […]