Chicago office landlords face a difficult sequence: major tenants can leave before the debt on their buildings comes due. Trepp has identified $802 million in securitized loans associated with significant tenant lease expirations ahead of mortgage maturity, with a...
Denver’s apartment credit market is showing more weakness in loan surveillance than in missed payments. Servicers have placed $3.83 billion of securitized multifamily debt on watchlists, according to Trepp, while the area’s reported delinquency rate...
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....