"We Scrambled, And Spoke With Well Over 100 Banks. Not One Will Provide Financing" By Eric Peters, CIO of One River Asset Management

"Credit started tightening six to nine months ago,” said the developer, a close friend, entrepreneur, with large residential projects across the nation. “It started with the money center banks,” he continued. “This pushed us to regional banks for our latest projects, but then SVB happened.” The market froze.