Articles & Insights

The real estate debt market is at a crossroads, marked by resilience, recalibration, and new opportunities amidst significant challenges. Speaking at PEI’s annual Women in Private Markets Summit in London, Piermont Bank Founder and CEO Wendy Cai-Lee provided insights on navigating this evolving landscape. In recent years, many lenders became overexposed to commercial real estate […]

The Financial Times Live 2024 Global Banking Summit brought together thought leaders and innovators to discuss the status and future of banking, but one common theme that threaded almost all sessions is technology in banking. Among the standout voices was Piermont Bank Founder and CEO Wendy Cai-Lee, who spoke on two transformative topics: the opportunities […]

A recent report by IBM’s Institute for Business Value in collaboration with the Banking Industry Architecture Network (BIAN) highlights a glaring disconnect between the needs of small and medium-sized businesses (SMBs) and the products traditional banks typically offer. For the Piermont Bank community, this data resonates all too well. According to the report, fewer than […]

At Piermont Bank, we are thrilled to kick off a new deposit attraction program that gives large depositors the peace of mind to insure their interest-bearing money above the maximum FDIC coverage limit. This valuable benefit comes as a result of Piermont’s recent participation in the Advancing Communities Together (ACT) Deposit Program that aims to […]

The Federal Reserve’s cut in interest rate in September is undoubtedly fueling the multifamily real estate market judging from key market factors such as the increase in demand, shortage in supply and rising levels of asking rent. As rate cuts continue to do its job to stimulate market activities and boost transaction volume,  the recalibrated […]