The planned wind-down of one of America’s largest law firms is creating a new question for commercial real estate lenders: what happens to office loans when a major tenant disappears before a large mortgage comes due?Credit rating agency KBRA said on October 29...
ACORE Capital has closed its second opportunistic commercial real estate credit fund with $1.1 billion in investor commitments, surpassing its $1 billion target as property refinancing challenges create openings for private lenders.The New York-based investment...
Summary: Barings supplied $138.6 million in first-mortgage financing to refinance Hillwood’s 656,000-square-foot Speedway Commerce Center in Rancho Cucamonga. Barings has provided $138.6 million in first-mortgage financing for a newly built industrial complex in...
Summary: Trepp’s October 26 quarterly review says 75% of maturing Class A office CMBS loans would need additional equity to refinance at current rates, with $22.2 billion of office debt facing hard maturities in 2027. The commercial property market is showing...
Commercial mortgage banker Gantry arranged approximately $1.68 billion of loans during the third quarter, bringing its reported 2026 production to $3.9 billion through September. The San Francisco-based firm said life insurance companies accounted for more than 73% of...