2025 Midyear Pulse Check: Lending in a Friction Economy

We’re halfway through 2025, and the lending landscape is anything but predictable. From stubborn inflation and cooling GDP growth to volatile tariffs and skyrocketing construction costs, there’s no shortage of headwinds. But here’s the surprising truth: Deals are still getting done. 

In this month’s episode, Ren R Hayhurst, GoDocs’ resident commercial lending strategist, joins the conversation for a sharp, no-nonsense breakdown of: 

• Why we’re in a “friction economy” (and what that really means for lenders) 

• How resilient labor markets are fueling lending momentum 

• The surprising strength of credit union and big bank lending 

• Market-by-market shifts in multifamily housing—and where opportunity is quietly booming 

• The unexpected retail rebound and why traditional lenders are in the driver’s seat 

• Why private credit is changing the game faster than ever 

If you want actionable insights, clear analysis, and a reality check on where commercial lending is really headed, this episode delivers.