Regions

SASB CMBS pulse: Downgrade ratings and agent issuance

The leading sector of the commercial mortgage-backed securities market also has its B side despite strong origination momentum.

Rising fundraising momentum affirms support for US real estate private credit 

Capital raised for North American-focused real estate debt funds doubled year-on-year, according to quarterly data from PERE Credit.

Clearwater PACE holds initial close of Ares-backed $300m C-PACE strategy

The specialist firm will funnel capital from Ares Alternative Credit funds toward $40m-$50m loans with an average LTV of about 35%.

Q1 2026 fundraising report: Debt funds maintain momentum

Commercial real estate private credit funds garnered 23% of capital raised in the first quarter of 2026.

Lenders look past macro volatility as Q1 2026 fundraising, origination levels rise 

The dominant theme of the first quarter of 2026 was the dramatic increase in interest rate volatility, market participants told PERE Credit.

Lenders return to construction financing as multifamily pipeline dwindles 

Development activity has dropped significantly over the past three years, leaving an opening for new construction.

Blackstone funds $226m IOS portfolio refi for Jadian affiliate

The firm originated the loan through Blackstone Real Estate Debt Strategies for 46 industrial outdoor storage properties across 15 states.

CIM Group funds $154m to refi two Miami office towers 

The Blackstone-backed 2 and 3 MiamiCentral towers are part of a downtown mixed-use development adjacent to MiamiCentral Station.

Nuveen Green Capital’s latest C-PACE financing shows expanded use

The firm’s $223m anchor loan to revitalize the former Cal Neva Hotel in Lake Tahoe, Nevada, signals an effort to return the storied property from road bumps to another heyday.