Park Hotels & Resorts has repaid the $1.275 billion commercial mortgage-backed securities loan secured by the Hilton Hawaiian Village Waikiki Beach Resort, removing one of the hotel REIT’s largest near-term debt maturities and leaving the flagship Hawaii property...
Hudson Pacific Properties has bought more time on one of the largest loans in its portfolio, extending a $1.1 billion commercial mortgage-backed securities loan tied to its Hollywood studio assets until November 2027 without making a principal paydown at closing. The...
Domestic private-label commercial mortgage-backed securities (CMBS) issuance during 2025 totaled $125.6 billion, a nearly 21% year-over-year upswing. According to data from Trepp Inc., this marked the sector’s most active year since the 2008 financial crisis....
Issuance of private-label commercial mortgage-backed securities (CMBS) fell by 41% to $22 billion in the second quarter from $37.55 billion in first-quarter volume. However, new data from Trepp Inc. determined the issuance during the first half of the year totaled...
Ethan Penner, who is credited as being the father of the commercial mortgage-backed securities (CMBS) sector, is setting his sights on the 2026 race for California governor. The Real Deal reports that Penner, the CEO of Calabasas-based Mosaic Real Estate Investments,...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
