Real estate debt: archive
Every Real estate debt story in Real Estate, newest first. 450 stories
8 stories
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.
Wells Fargo and J.P. Morgan Chase lead $550 million Century City office refinancing
The CMBS loan on the 940,000-square-foot Avenue of the Stars campus is expected to close Oct. 15 and includes a $219 million distribution to ownership.
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.
Walker & Dunlop arranges $203.5M construction financing for East Village apartments
Connect CRE reports the 184-unit project has 12,529 square feet of ground-floor retail.
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.
Anderson Real Estate completes $550M refinancing of Anderson Towers
The campus at 1800 and 1900 Avenue of the Stars is 98.1 percent leased, per IREI.
3 stories
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.
7 stories
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.
Terra partnership secures $507M TYKO loan for Miami Beach condo tower
Connect CRE reports the 28-story Biscayne Bay project will be built with RG Development Group, GV Development and LORE Development.
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.
6 stories
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.
14 stories
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.
Presidio Bay, Bridges Capital take former SF Fed building via deed-in-lieu
The venture bought the loan secured by 301 Battery St. on July 1 and later converted it to ownership, Connect CRE reports.
Bank OZK extends IQHQ's $915M construction loan six weeks; Citi calls it brief forbearance
Citigroup analysts called the push to Oct. 9 a brief forbearance; Bank OZK says short extensions are routine while longer documentation is finalized.
Citigroup provides $28M CMBS loan to refinance Jemal's Arlington office after lease-up
The building was 61 percent leased when Jemal Equities bought it in October 2025 for $28 million and is 89 percent leased now, per Meridian.
NorthPoint and BGO refinance Las Vegas warehouse at $127.4M on HEYDUDE extension
The lease extension provides $111 million in payments through 2033, about 87% of the $127.4 million loan balance.
GAIA's Fishman warns a private credit pullback would push more apartments into distress
GAIA closed three South Florida deals, two by paying off construction loans, as Fishman says exhausted interest reserves leave owners raising equity or selling.
Two 2025 multifamily loans transferred to servicing after payment shortfalls
Cypress Village Apartments and The Abington face cash management, deposit account control, insurance and title issues, according to Morningstar commentary cited by Multifamily Dive.
Dwight Capital closes $60M HUD 223(f) refinance for Davenport townhomes
The loan covers Birchwood Grove, a 194-unit community spread across 56 townhouse buildings plus a clubhouse building with 4,800 square feet of commercial space.
Walker & Dunlop arranges $86.5M bridge loan for Richmond's Chasen
Capital Square is the borrower on the 352-unit Scott's Addition community, which sits in a Qualified Opportunity Zone.
BridgeInvest lends Thor Equities $43.2M against Savannah warehouses
The transitional bridge loan refinances an 11-building portfolio Thor bought in 2022 for $49 million, nine miles from the Port of Savannah.
BGO provides $173M construction loan for Intracorp's Austin condo project
Leifer Properties is co-developer on the South Congress Avenue project, with Northland Properties and Aron Industries as partners.
Walker & Dunlop places $86.5M bridge for 352-unit Richmond multifamily
The floating-rate, interest-only loan for Capital Square's Chasen community comes from a private credit lender and is in a qualified opportunity zone.
M&G Real Estate names Duncan Batty head of real estate finance
Batty spent 12 years at the firm, ultimately as co-head of real estate finance, and returns from building Revolut's commercial real estate lending business.
2 stories
Bank OZK finances construction of 282-unit Yonkers rental at Ridge Hill
A joint venture of Saber-Hightower, Rafferty Real Estate and Eagle Realty Group has started The Ibex at Ridge Hill, a $140 million project with 28 affordable units.
ProEquity and Solaris Capital close $32.34M refinancing of El Dorado Hills office campus
The new loan retires existing senior debt and adds fresh capital across the 195,906-square-foot campus, but the report names neither the lender nor the rate.