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Commercial Mortgage Growth and Financial Results
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Gantry, a leading commercial mortgage banking firm, witnessed a steady growth in mortgage production in Q1 2024, expecting a stronger second half. On the other hand, Perma-Pipe International Holdings, Inc. reported a rise in net sales for the fourth quarter and fiscal year 2023, attributing the increase to improved margins and tax benefits.
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How might the steady growth in commercial mortgage production impact the broader real estate market?
What implications could Perma-Pipe's financial results have for similar companies in the industry?
What strategies could Gantry employ to maintain its strong performance in loan servicing amid market challenges?
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