Property stimulus extended a year

The cabinet has approved a one-year extension of the measure reducing transfer and mortgage registration fees for real estate transactions to 0.01%, which policymakers claim can spur Thai GDP growth.

Greystone Real Estate Capital Closes on Second Affordable Housing Fund

Greystone Real Estate Capital has closed on Greystone Affordable Housing Fund II LP, a $137-million multi-investor Low-Income Housing Tax Credit (LIHTC) fund. The fund will support the development and preservation of approximately 1,960 affordable housing units across 20 properties in nine states. Approximately 84%…

Multi-Site New Hampshire Seniors Development Secures $44M Financing

Eastern Bank provided financing for a multi-site affordable senior housing development in four New Hampshire communities: Tamworth, Bethlehem, Manchester and Pelham. The Community Development Lending team advising this transaction was led by SVP, commercial group director of community development lending Yongmei…

M&T Proves Refi to Camber Realty JV on Manufacturing/R&D Portfolio

Cushman & Wakefield arranged a $40.8-million refinancing for a two-building manufacturing and R&D portfolio at 299 and 301 Ballardvale St. in Wilmington, MA. The Equity, Debt & Structured Finance team of Rob Borden, Heather Brown, Rehan Munsiff and Nolan Alexander represented the borrower in securing the refi from…

Manhattan Beach Studios Shopped As Possible Defense Tech Site

Lenders on Hackman Capital Partners' Manhattan Beach Studios are selling its $240M mortgage, leaning on the South Bay submarket's booming aerospace and defense technology industries in its marketing materials. “There’s never been a more perfect...

Muted CRE Bank Lending Is a Large-Bank Story

After two years of tighter credit conditions, the bank commercial real estate (CRE) lending story has shifted from whether banks are pulling back to where balance sheets are growing again. Aggregate loan growth has picked up in parts of the CRE book, and recent lending commentary has pointed to a cautious return of…

Harrison Street Provides Refinancing for 547-Bed Community Near Boise State University

Boise, Idaho — Harrison Street Asset Management has provided a loan to refinance VERVE Boise, a 547-bed student housing community located near the Boise State University campus in Idaho. The borrower… The post Harrison Street Provides Refinancing for 547-Bed Community Near Boise State University appeared first on…

JLL Secures $176.6 Million Construction Financing for 1,395-Bed Development Near University of Central Florida

Orlando, Fla. — JLL Capital Markets has secured a $176.6 million construction loan for The Place at Alafaya, a 1,395-bed student housing development located at 11600 MacKay Blvd. near the University… The post JLL Secures $176.6 Million Construction Financing for 1,395-Bed Development Near University of Central…

TSB Capital Advisors Arranges Refinancing for 530-Bed Community Near Arizona State University

Tempe, Ariz. — TSB Capital Advisors has arranged the refinancing of Atmosphere Tempe, a 530-bed student housing community located near the Arizona State University campus in Tempe. The floating-rate bridge loan… The post TSB Capital Advisors Arranges Refinancing for 530-Bed Community Near Arizona State University…

Balbec Raises $930M For Fund To Target Commercial, Residential Debt

Alternative asset manager Balbec Capital LP has raised nearly a billion dollars for its latest debt fund as commercial real estate increasingly turns to private credit.

Debt Market Survey, First Quarter 2026: Activity Picks Up as Rates Diverge

CREDA Research Foundation report analyzing first-quarter 2026 commercial real estate debt market conditions based on Altus Group survey data of borrowers and lenders.

Net Percentage of Domestic Banks Tightening Standards for Commercial Real Estate Loans With Construction and Land Development Purposes

Federal Reserve economic data series tracking the net percentage of domestic banks tightening lending standards for commercial real estate construction and land development loans.

Net Percentage of Domestic Banks Tightening Standards for Commercial Real Estate Loans Secured by Nonfarm Nonresidential Structures

Federal Reserve survey data tracking the net percentage of domestic banks reporting tightened lending standards for commercial real estate loans on nonresidential structures.

Net Percentage of Domestic Banks Tightening Standards for Commercial Real Estate Loans Secured by Multifamily Residential Structures

Federal Reserve survey data tracking the net percentage of domestic banks reporting tightened lending standards for multifamily commercial real estate loans.

Asia-Pacific Horizon: The Rise of Real Estate Credit in Asia-Pacific

Azizi and DIB Join Forces to Finance Greener Real Estate

A developer and financial institution collaborate to explore sustainable financing solutions for environmentally responsible real estate developments in the Gulf region.

Housing Finance Increases During 2026

El Economista reports on rising residential financing activity in Mexico during 2026.

Petra Refinances Spanish Hotel Portfolio for €500 Million

Petra has refinanced a Spanish hotel portfolio valued at €500 million that was originally acquired in 2023 for Adia.

Missing Mortgage Data Hides Impact of SMSF Tax Changes

Analysis of how federal LRBA (Limited Recourse Borrowing Arrangement) tax changes affecting self-managed superannuation funds may impact the real estate industry, complicated by lack of comprehensive data tracking.

Radisson Blu refinanced

The Radisson Blu Hotel Complex in the heart of Bucharest has been refinanced with a EUR 123 mln loan. The hotel complex is owned by Revetas Capital together with funds and accounts managed by Cerberus Capital Management. The facility was underwritten by Deutsche Pfandbriefbank (pbb) with whom Revetas has a…

Barings expands its presence in Sweden with logistics acquisitions in Norrköping and Jönköping

Barings has completed two transactions within Sweden's logistics and cold-storage sectors as part of its European real estate debt strategies.

Hudson Bay Capital Supplies $60M Refi for Redeveloped N.J. Office Campus

A joint venture between Somerset Development and HIG Capital has sealed a $60 million loan to refinance a repurposed New Jersey mixed-use office campus that will soon be home to sandwich chain Jersey’s Mike’s headquarters, Commercial Observer has learned. Hudson Bay Capital provided the bridge loan for the…

Redevco Provides €57M Green Loan For Dublin Resi Scheme

Amsterdam-based Redevco has closed a €57.3M loan to finance the development of a 156-unit residential scheme supporting the delivery of energy-efficient homes in Dublin. The loan is structured as a green loan according to the Loan Market Association...

What Happens to Housing if Mortgage Rates Fall?

While the outlook for mortgage rates remains uncertain, a decline could unlock the housing market. The post What Happens to Housing if Mortgage Rates Fall? appeared first on Texas Real Estate Research Center .

Federal Debt Growth: A Rising Risk to the Real Estate Market

Ballooning U.S. federal debt and fiscal policy has already cost borrowers approximately $76,000 over the life of a 30-year mortgage at the median home value. The post Federal Debt Growth: A Rising Risk to the Real Estate Market appeared first on Texas Real Estate Research Center .

Is the Low-Rate Lock-In Grip Finally Loosening?

Despite mortgage rates above 6 percent, Texas saw record seller activity in 2024–25, driven largely by existing homeowners. Life events, price gains, and market adjustment suggest the lock-in effect is easing. The post Is the Low-Rate Lock-In Grip Finally Loosening? appeared first on Texas Real Estate Research Center .

The Housing Market: A Look Back at 2025 and What’s Ahead

The trajectory of mortgage rates will be key to shaping nearly everything in 2026. The post The Housing Market: A Look Back at 2025 and What’s Ahead appeared first on Texas Real Estate Research Center .

Mortgage Portability: A Win for Locked-In Homeowners, But at What Price?

As policymakers look to grease the wheels of the housing market, one proposal would allow homeowners to carry their existing mortgage rate to a new primary residence. The post Mortgage Portability: A Win for Locked-In Homeowners, But at What Price? appeared first on Texas Real Estate Research Center .

Where Do Mortgage Rates Go From Here?

Future mortgage rate trends depend on the Fed’s balance sheet policy. Slower mortgage-backed securities runoff could lower rates, while faster reductions might raise them temporarily. Eventually, as MBS holdings stabilize or deplete, rates should normalize. The post Where Do Mortgage Rates Go From Here? appeared…

Déjà Vu? What to Expect From the Housing Market in 2025’s Final Stretch

The Fed’s September rate cut triggered a drop in mortgage rates, echoing 2024’s trend. Future rate shifts hinge on labor market dynamics, GDP growth, inflation trends, and the impact of the government shutdown. The post Déjà Vu? What to Expect From the Housing Market in 2025’s Final Stretch appeared first on Texas…

What Could This Week’s Mortgage Rate Drop Mean for Texas Homebuyers and Sellers?

Mortgage rates have dropped to the lowest they've been in 12 months. The post What Could This Week’s Mortgage Rate Drop Mean for Texas Homebuyers and Sellers? appeared first on Texas Real Estate Research Center .

Quick Hits | The End of “Extend and Pretend”: A New Phase of Price Discovery

For much of the past two years, loan extensions and maturity modifications have limited forced sales across commercial real estate by deferring pricing decisions amid volatile rates and uneven fundamentals. However, this strategy is increasingly reaching its limits as higher for longer borrowing costs and slower…

Quick Hits | Office CMBS Delinquencies Hit Record Highs, Breaking from Post-GFC Trends

Office remains the primary source of stress within the CMBS market, even as delinquency rates eased modestly from recent highs. According to Trepp, the office CMBS delinquency rate stood at 11.71% in March 2026, down from the 12.34% peak reached in January, but still well above prior cycle highs and firmly within…

Securitized Agency Delinquency Rate Declines in May, Fannie and Ginnie's Drops Offset Freddie's Rise

Securitized Agency loan performance improved modestly in May 2026. The total Agency delinquency rate declined to 0.47%, holding near the low end of the narrow range that has prevailed since mid ‑ 2025, as shown in Figure 1. As in prior months, aggregate movement reflects program ‑ level composition effects rather…

Catalonia Hotels Closes €383 Million Agreement with Banking Syndicate

Catalonia Hotels reached a financing agreement worth €383 million with its banking pool, representing a significant capital arrangement for the hospitality operator.

Ponce Bank Lends $50M for Canarsie Apartments

Midwood Group has landed $50 million of construction financing to build a multifamily project in Brooklyn, Commercial Observer has learned. Ponce Bank supplied the loan for the ground-up development of two contiguous apartment buildings with 99 units each at 937 East 108th Street and 951 East 108th Street in…

Safely Store Self Storage Secures $160M Credit Facility for Portfolio Expansion

Cushman & Wakefield Arranges $56.6M Refinancing of Luxury Multifamily Community in D.C.

WASHINGTON, D.C. — Cushman & Wakefield has arranged a $56.6 million loan to refinance The Ellington, a 190-unit luxury multifamily property located at 1301 U St. in Washington, D.C. John Alascio, Alex Hernandez, Marshall Scallan, Meredith Crawford and Will Wohlgemuth of Cushman & Wakefield secured the financing…

NewPoint Provides $34.6M Loan for Hotel-to-Multifamily Conversion Project in Arlington, Virginia

ARLINGTON, VA. — NewPoint has provided a $34.6 million bridge loan for the acquisition and planned multifamily conversion of the Clarion Collection Arlington Court Suites, a 187-room, extended-stay hotel located in Arlington’s Rosslyn-Ballston corridor. Jacob Gabriel of NewPoint originated the financing on behalf…

TSB Capital Advisors Arranges Loan for Refinancing of 530-Bed Community Near Arizona State University

TEMPE, ARIZ. — TSB Capital Advisors has arranged a loan of an undisclosed amount for the refinancing of Atmosphere Tempe, a 530-bed student housing community located near the Arizona State University campus in Tempe. The floating-rate bridge loan was secured on behalf of the borrowers, Trinitas and Harrison Street…

Flournoy Properties Lands $46.5M Refi on Leander Rental Asset

Flournoy Properties closed on a $46.5 million refinancing of the River Junction apartments in Leander. The project, completed in 2024, has 329 units. Bridge Investment Group provided the loan. The Walker & Dunlop Capital Markets Real Estate Finance team, led by Patrick Short and Clay Colvill, arranged the…

Beachwold Closes on $176.6M Financing for 1,395-Bed UCF Student Housing Venture

Beachwold Residential obtained a $176.6 million construction loan to finance the development of Place at Alafaya Phase I & II. The to-be-built, four-building, four-story, Class A, 484-unit, 1,395-bed student housing property will be located at the University of Central Florida (UCF) in Orlando, Florida. Affinius…

Helaba Provides Construction Loan for Dallas High-Rise

DALLAS — Endeavor Real Estate Group, in partnership with Canyon Partners Real Estate, has secured an undisclosed amount of construction financing for Lucille, a 22-story, 265-unit luxury tower located in… The post Helaba Provides Construction Loan for Dallas High-Rise appeared first on Multifamily & Affordable…

Multifamily Completions Shift to Larger, Lower-Rise Properties

This year’s data show that while multifamily completions moderated from 2024’s elevated pace, the sector’s shift toward larger properties continued. At the same time, larger has not necessarily meant taller, as lower-rise buildings continue to account for most new multifamily completions. The post Multifamily…

Axia Real Assets Bids $1.23B For Plaza Retail REIT

Last week, Toronto-based real estate fund Axia Real Assets LP revealed that it has submitted a non-binding offer to take over New Brunswick-based Plaza Retail REIT (TSX: PLZ.UN) in a deal that would value the REIT at $1.23 billion, including $670 million of debt. Axia Real Assets is offering a purchase price of…

KingSett Buys Insolvent TAS Labatt Village Project With $84.1M Credit Bid

The Labatt Village project by Toronto-based developer TAS is changing hands following a relatively quick receivership proceeding, according to filings in Ontario Superior Court. At 7 Labatt Avenue and 77 River Street in Toronto, a 1.34-acre property located between Dundas Street East and Queen Street East near the…

Bank Real Estate Credit Since 2019: Where Balances Grew, and by How Much

NCREIF/CREFC Open-End Moderate-Yield Debt Fund Index Snapshot

Index snapshot tracking performance and composition metrics of open-end moderate-yield debt funds in commercial real estate.

NCREIF/CREFC Open-End Debt Fund Aggregate – Q1 2026

Performance and composition data for open-end real estate debt funds tracked by NCREIF and CREFC for the first quarter of 2026.

NCREIF/CREFC Open-end Debt Fund Aggregate First Quarter 2026 Membership Report

Aggregate performance and activity data for open-end commercial real estate debt funds compiled by NCREIF and CREFC for Q1 2026.

Citi Prices Largest Single Bank-Contributed, Multi-Only CMBS Conduit Deal Since GFC

Meridian Arranges $186M Financing for Asbury Park Condo Project

Meridian Capital Group arranged $186,000,000 in construction financing for Lido Oceanfront Residences, a new luxury condominium development located at 1201 Ocean Ave. N. in Asbury Park, NJ, on behalf of Inspired by Somerset Development. The loan was provided by Madison Realty Capital and was arranged by Meridian’s…

Cushman & Wakefield Arranges $59M for Luxury DC Multifamily Property

Cushman & Wakefield has arranged a $58.6 million refinancing for The Ellington, a 190-unit luxury multifamily property with more than 16,000 square feet of retail space at 1301 U Street NW in Washington, D.C. The Cushman & Wakefield Equity, Debt & Structured Finance team of John Alascio, Alex Hernandez, Marshall…

Nuveen Green Capital Supplies $101M C-PACE Loan for Newark Studios

Catholic Homes Secures $147M Construction Loan for Bronx Housing Development

Pending Home Sales Plunge to Near-Record Low in the Data, Hit Low in the West. Since then, Mortgage Rates Rose Further

This is a news article published by Wolf Street in July 2026 reporting on pending home sales data, noting a decline to near-record lows nationally with particular weakness in the West region, in the context of rising mortgage rates.

Florida's Rising Unemployment Is a Migration Story, & So Is the CRE Exposure

Florida’s unemployment rate rose to 4.8% in May, up from 3.7% a year earlier, one of the largest increases of any state and the highest Florida reading in nearly five years. The rate has continued to climb and now sits above the national unemployment rate of 4.3%.

Affinius Provides $177M Construction Loan for Central Florida Student Housing

CRED iQ Appoints Liam Mulcahy as Senior Product Manager, CRE Data & Applied AI

A New Test for Private Credit

Morgan Stanley's Chief Fixed Income Strategist and Global Head of Private Credit & Equity discuss recent market pressures affecting the private credit sector.