News & Analysis

Chicago manager pays off $150m loan on downtown San Francisco office  

The Class A property, part of a larger portfolio, is now wholly-owned, debt-free.

PACE Loan Group closes $24m C-PACE renovation deal for LA office tower

Oaktree Capital Management will use the funds to retroactively finance work on the 444 South Flower Street tower.

BGO’s Severino forecasts strong year for real estate private credit

The firm’s chief economist Ryan Severino says retail will exceed investor expectations.

Barings, Apollo originate $113m refinancing for downtown Indianapolis hotel

The deal will recapitalize KSL Capital Partners’ convention center-adjacent Westin Indianapolis property.

Driftwood lines up $207m construction financing for luxury hotel

The financing for the Westin Cocoa Beach Resort & Spa includes a $137m C-PACE loan.

Recapitalizations seen driving 2025 transaction activity 

Lenders and borrowers need to come to terms with more than $2trn of near-term maturities, according to attendees at this month’s CRE Finance Council conference in Miami.

Mesa West funds $92.5m loan to refinance Seattle multifamily assets

The manager doubled down on the post-pandemic improvement in Seattle’s multifamily market.

New York Life funds $191m North Carolina mixed-use development

The capital will be used by Hines, Affinius Capital and Columbia Development for master-planned community near Downtown Raleigh.

Decoding a second Trump presidency 

Proposals to cut taxes and reduce regulations could be a near-term positive for commercial real estate, but many of the inaugurated president’s policies are expected to be inflationary.