The most significant commercial property financing transactions across US debt markets, collected in our data snapshot, updated every Tuesday.
PERE Credit’s Lending Barometer tracked122 loans totaling $23.31bn across January and February.
Commercial mortgage rate spread analysis for January and February 2025.
The index was at 25.51% in January this year compared with 24.99% in December 2024 and 4.79% in November 2024.
The Fed’s recent rate cut is not expected to significantly move the needle for commercial real estate lenders and borrowers, but provides and indicator of stability.
The Lending Barometer tracked 96 loans totaling $12.67bn across July and August, a level that is 15% lower than the prior two-month period.
The index was at 22.91% in May compared with 21.67% in March.
H1 saw a mere $4.5bn of new commitments made to commercial real estate private credit strategies.
Analysts said the asset class is facing expected pressure and risks within control.
The Stern Center for Sustainable Business believes New York’s largest banks and lenders will play a key role in a broader decarbonization strategy.