Are some lenders steered by competitive pressures?
Perhaps, but even in a frenzied market, risky loans never make sense, local bankers say.
Neil Mohamed Husani had no trouble getting bank loans.
During a real estate boom in which Southwest Florida lenders were duking it out for deals, Husani and his partners have borrowed $74 million from six banks in the past 15 months.
Husani’s financial plays have generated plenty of buzz in Sarasota financial circles.