CMBS

The results and analysis of this research will feature in a report on the alternative lender market in PERE Credit's June issue.

At least seven CMBS SASB office loans totaling around $8bn came to market from January to mid-March.

The loan will be backed by 93 shopping centers, totaling 10.5 million square feet.

Lending is gaining momentum, starting with a resurgent CMBS market, which saw $36.3bn worth of issuance through mid-March, up from the $14.4bn seen during the same period in 2024.

The strong pace of originations provides an indicator of upbeat sentiment across the wider commercial real estate finance markets in the first months of 2025.

The Cranford, New Jersey-based investment manager anticipates becoming a programmatic issuer of residential transition loan securitizations.

But lenders continue to highlight the different stories around trophy and non-trophy assets.  

The iconic Chicago skyscraper’s debt will next mature in 2028, with flexibility on further extension options.

The firm will originate first mortgages backed by high-quality assets in major US and Western Europe markets.