Valley National Bank views today's business environment as a glass half full

Despite the tumult the COVID-19 pandemic has caused throughout the commercial real estate industry and the uncertain business environment it has spawned, at least one Florida-oriented bank is continuing to entertain new lending opportunities around the Gulf Coast.

Valley National Bank’s commercial lending practice has been dramatically impacted by the health crisis, not surprisingly, and the Tampa affiliate of the New Jersey-based banking company is approaching new loans with added restrictions and covenants.