Banks

Banks continue to provide back leverage for debt funds and other non-bank lenders, with lending rising to $309bn for this cohort in Q1 2026.

The most significant commercial property financing transactions across global debt markets, collected in our data snapshot, updated every Tuesday.

The Lending Barometer found that about 51.3%, or $70.3bn, of loans tracked year-to-date were comprised of refinancings.

As conflict and raised interest rates reshape expectations, alternative lenders are competing harder for deals while underwriting cautiously, say participants in PERE Credit’s Europe roundtable.

As loans mature into a higher-rate, more disciplined lending market, First Growth co-founder and partner Cyril de Romance explains why lenders are increasingly choosing to sell distressed loans rather than negotiate a second extension.

Trimont president Alan Kronovet discusses the refinancing wave, distressed assets, lender workouts and how artificial intelligence is changing US commercial real estate loan servicing.

The commercial real estate lending market is emerging from a period of uncertainty into one of renewed opportunity, says SitusAMC’s Anne Jablonski. The winning lenders will be those who know how best to leverage expertise.

With $1.8trn of ZIRP-era loans now maturing, the market is shifting from extend-and-pretend to disciplined resolution, and abundant capital is bifurcating sharply between prime assets and distressed pockets.

Yields on treasuries, gilts and other sovereign debt hit multi-year highs this week due to concerns on higher oil prices, rising deficits and inflation.

The report by Atrium identifies the growing role of private credit in the sector.