A Conversation with John Levy

The current credit crisis has significantly crimped the flow of capital available to real estate investors. Getting a deal financed has become much more challenging due to the lack of funds as well as stricter underwriting standards. Larry Gray, editorial director of Institutional Real Estate, Inc., spoke with John Levy, president of Richmond, Va.–based real estate investment banking firm John B. Levy & Co., to get his take on the current capital market environment.