Lending Barometer

The Lending Barometer found non-bank lenders originated $26bn in 2025, with about $21bn year-to-date.

The CMBS market saw $14.93bn of new industrial originations through August, a Trepp report found.

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

The PERE Credit Lending Barometer, which tracks representative data on US and European commercial real estate lending, tracked $12.9bn of new originations across 93 transactions in the US in May.

The barometer recorded an estimated $24.76bn in US bank and non-bank deals in March and April, a level representing a 21.2% from the previous two-month period.

PERE Credit’s Lending Barometer recorded roughly $31.4bn of new deals in January and February.

The sector completed 77 deals in November and December, outperforming the second most competitive sector by 47 deals.

PERE Credit’s Lending Barometer tracked $10.64bn of loan transactions in September and $9.9bn in October.

PERE Credit tracked 145 loan transactions in July and August, a number surpassing the 96 deals closed in the same period last year.

Volume ticked up 65% in May and June compared with the previous two month period.