Real estate debt: archive
Every Real estate debt story in Real Estate, newest first. 457 stories
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X Denver co-living complex is in receivership after $170M loan default
Judge Heidi Kutcher appointed Dallas-based Trigild IVL as receiver at lender CMTG JP Finance's request.
Newmark secures $76.2M take-out for Embrey's 354-unit Orlando apartments
The report lists bridge lenders, debt funds, balance-sheet lenders and CLO-driven capital sources but does not name the lender that funded the loan or the terms.
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PACE Loan Group and Nuveen Green Capital finance $140 million in data-center C-PACE loans
A $100 million Missouri loan was the largest C-PACE deal in state history; a $40 million Houston deal is 24% loan-to-value at ViVa Center.
Trepp pegs Florida securitized CRE exposure to Hurricane Isaias at $3.27B
Multifamily is 68.8% of gross balances and five Panhandle counties hold more than half, though Trepp says the extent of damage is unknown.
Terra refinances Well office in Bay Harbor Islands with $183.8M Monroe loan
The four-story building is 90 percent leased; the new debt retires a $238 million loan from Eldridge Capital Management and Hudson Bay.
Bank OZK funds $132.7M construction loan for Culver City mixed-use
Lincoln Property and McCourt Partners will build a 344-unit building with 52 affordable units at 11111 Jefferson Boulevard; construction is expected to start before year-end.
Lake Forest Bank lends Sitex $39.4M to refinance Queens industrial outdoor storage site
The loan is backed by a 20-year New York City Fire Department lease signed in 2023 for a Maspeth garage and repair facility.
Rithm closes $375M multifamily-only RTL securitization via Genesis
The initial pool holds 55 investor loans, caps individual loans at $35 million and carries a two-year reinvestment window.
AXA Equitable provides $103M to recapitalize Rose Associates and MSREI's Ellington
Rose Associates president Marc Ehrlich says the Midtown recapitalization is the first of several expected acquisition deals with Morgan Stanley Real Estate Investing.
Equus finances 52-property Phoenix industrial portfolio with $718.2M floating-rate package
The five-year floating-rate package includes a $527.1 million SASB led left by Morgan Stanley and right by Bank of America, plus a $191.1 million balance-sheet loan from Bank of America.
Lone Star Funds closes $110M floating-rate refi on Stafford rentals
The floating-rate, interest-only loan from TPG Real Estate Credit covers 731 Class A units built in 2019 and 2020; Walker & Dunlop arranged the financing.
Commercial Observer: CRE refinancing pressure is an equity problem, not a debt crisis
The column says many occupied, revenue-generating assets are failing refinance tests because income has not kept pace with a higher cost of capital.
JLL arranges $463M Barings bridge for Thompson Thrift rentals
Six of the eight properties are in Florida, and the proceeds retired construction loans on all eight, Connect CRE reported.
Terra refinances Bay Harbor Islands offices with $183.75 million Monroe Capital loan
The 96,000-square-foot Class A office building is more than 90% leased and was delivered over the summer, according to Connect CRE.
Northmarq arranges $50M refinancing for 235-unit Bloomington, Minnesota apartments
The Minneapolis debt team placed the loan with a life insurance company while the building, completed in 2024, finishes lease-up.
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RMR arranges $272.1 million loan from Morgan Stanley, BNP for Cedars-Sinai medical office buildings
The interest-only financing carries a two-year initial term with three one-year extension options and is secured by two buildings on W. Third St.
PNC Bank provides $96M fixed-rate loan for 11North Partners' $155M Lahaina retail purchase
The loan covers about 62% of the purchase price, leaving roughly $59 million in equity before closing costs.
One Street Commercial Properties lands $37.8M loan for D.C. office-to-condo conversion
OakNorth and Hickory CRE Lending provided the financing for a 70,000-square-foot Georgetown building One Street bought for $19 million in May 2025.
JLL arranges refinancing for 150-key AC Hotel Vancouver Waterfront
Vesta Hospitality's three-year loan carries two one-year extension options; Connect CRE does not name the lender, amount or rate structure.
Trepp: CMBS special servicing rate rises to 11.49%, highest since February 2013
Office made up 57% of September's roughly $2.65 billion in new transfers, led by the $512.8 million One SoHo Square loan, which moved to special servicing for imminent balloon/maturity default.
King Street Properties borrows $237.7M from Starwood Property Trust to refinance Morrisville life sciences campus
The loan covers phase one of Pathway Triangle, a four-building campus of nearly 582,000 square feet anchored by Novartis.
IPA Capital Markets arranges $50M for 18-property industrial portfolio across Texas, Oklahoma and Georgia
The non-recourse financing was closed by Frank Montalto and Ethan Splan, per Connect CRE.
SK Development and Kinsmen have secured $203.5m construction financing for East Village project
Walker & Dunlop arranged the floating-rate financing for a proposed 17-story building with 184 residences and 12,529 square feet of retail.
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S&P survey: 54% of social housing providers consider public debt within a year
The median rating across 51 public housing agencies and nonprofit developers is A+, and 86% of surveyed providers expect federal funding to be flat or lower.
Anderson Real Estate refinances Century City campus for $550M
Connect CRE reports the two-building Anderson Towers campus at 1800 and 1900 Avenue of the Stars is 98.1% leased.
JLL arranges $100M floating-rate bridge for Waypoint's Florida rentals
TPG Real Estate Credit provides the floating-rate construction take-out on two recently completed apartment properties.
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Merchants Capital announces $97.8 million financing for Stuart Gardens rehabilitation in Newport News
The financing comprises $62.8 million in HUD 221(d)(4) permanent financing and $35 million in equity bridge loans, Connect CRE reports.
JLL arranges construction financing from Glacier Credit Strategies for North Arlington industrial project
The Hampshire Companies LLC is the borrower for the 41,115-square-foot building at 9 Porete Ave., Bergen County, N.J.
S&P upgrades BRIDGE Housing to AA from AA-
Connect CRE reports the action covers the nonprofit's issuer credit rating and outstanding long-term debt.
VIRTUS secures £2.45bn bank package for UK and Europe data-center build
Thirteen banks provided the financing, including a £1.2 billion green capex facility available through term and revolving tranches.
Berkadia arranged $36.7 million for three Florida multifamily communities
Connect CRE reports the financing went to Rental Asset Management of Lauderdale, Florida, with two of the three communities in Miami-Dade County.
Hayfin’s Carlos Colomer sees Europe refinancing gap as credit opening
Colomer says fund-lifecycle pressure is pushing managers toward disposals and recapitalisations at rebased valuations rather than distressed sales.
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Freddie Mac multifamily delinquency hits a 20-year high of 0.64%
Fannie Mae's rate fell to 0.57% from 0.68% over the same 12 months, and bank-held apartment delinquencies eased to 1.41% in the second quarter.
Terra-led partnership secures $507M Tyko construction loan for South Beach condo tower
Pre-sales at 1250 West Avenue won't begin until next year, an unusual sequence for a South Florida luxury condo, Commercial Observer reports.
Citi analysts flag Bank OZK's six-week extension on $915M IQHQ loan
The San Diego life-science project's construction debt now matures Oct. 9; Bank OZK says short extensions are routine while longer-term documentation is finalized.
Trepp says Q2 income-producing CRE debt totaled $5.12 trillion, led by banks and GSEs
Stated 2026 maturities total $239.7 billion at banks and $113.1 billion at securitized lenders; Trepp says those figures likely overstate the real refinancing task.
Trepp: national multifamily portfolio and Honolulu resort lead October CMBS refinancing risk
Connect CRE reports the two single-asset loans carry debt yields below 6.0% and together account for 66.79% of severely impaired loans.
Nuveen secures A$1bn first close for Australian real estate debt; CPP Investments commits A$300m
CPP Investments and Temasek return after backing the prior vintage, which closed in May 2025 with A$650 million in equity commitments.
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CRE CLO delinquencies fall to 0.52% as modified loans rise 68.6%
Fitch data cited by Bisnow show $31.6 billion of bridge loans securitized through August, more than in all of 2025 and the busiest pace since 2021.
Gantry secures $110M permanent loan for Bixby's six-property portfolio
Five single-tenant industrial buildings in Southern California and Texas are part of the collateral, along with Bixby's Newport Beach headquarters.