Property lenders are lining up to provide capital on new projects as the industry suddenly gains momentum, in stark contrast to the situation six months ago.

According to Stamford Capital’s annual Real Estate Debt Capital Markets survey, non-bank lenders are taking advantage of this renewed confidence across a number of asset classes.

Survey participants include the big four banks, second-tier banks, non-bank lenders, foreign financial institutions and the broader private capital market—more than half of which have loan books of more than $500 million.