Regions

Derby Lane closes $191.5m office-to-resi loan for GFP’s 40 Exchange Place

The 20-story tower in Manhattan’s Financial District will be converted into a 382-unit multifamily property with a mix of market-rate and affordable housing.

ACORE lines up first CRE CLO with $1.1bn offering 

The San Francisco-based investment manager is collateralizing the deal with loans tilt toward multifamily, industrial and retail assets across 15 states.

North Bridge sets a C-PACE template with New York City’s first multifamily closing

JEMB Realty will use the $8m loan to fund Herald Towers’ infrastructure upgrades alongside existing debt from Blackstone and Corebridge.

Blackstone lands $3.05bn CMBS refi for Vegas resort

The US private-label CMBS market continues to be driven by large-ticket transactions.

Real estate private credit gets its chance to offer a data center financing lifeline

Banks behind Oracle-backed construction projects are shopping loan stakes to commercial real estate private credit lenders and forcing deeper risk considerations as a consequence.

Blue Owl closes $335m refinancing of Wynwood Plaza in Miami

The floating-rate bridge loan will be used by L&L Holding Company and Oak Row Equities to retire construction debt and fund remaining leasing costs.

Invesco aims for more momentum as acquisition financing opportunities increase

The firm struck a near-split between refinancing and acquisition deals across $4.5bn of loan commitments in 2025 across North America and Europe.

Commercial mortgage rates: Spreads hold steady despite December rate cut

“The likelihood of significantly lower mortgage rates this year has decreased as rate cuts by the Fed are less likely,” says orthmarq Capital’s Ernie DesRocher.

New white paper sharpens focus on shoring up non-recourse carve-outs

The language around non-recourse carve-outs has become more technical over the past 15 years.