Finance

A chart depicting the level of commercial/multifamily mortgage debt outstanding in the first quarter of 2025
Finance (Research Center)

Commercial Mortgage Debt Outstanding Increased in Q1

Despite lower origination volumes, the overall level of commercial mortgage debt rose in the first quarter of 2025.

MBA Research - July 24, 2025
Aerial shot of Bow River Capital's Park84, an industrial property in Nampa, Idaho.
Finance

Bow River Capital Secures $70M Refi

JLL Capital Markets arranged the loan for a seven-building industrial park.

Claudiu Tiganescu - July 18, 2025
One Vanderbilt, SL Green's headquarters in Manhattan
Finance

SL Green Debt Fund Surpasses $1B Milestone

The investment vehicle targets New York City opportunities.

Vicentiu Fusea - July 18, 2025
Rendering of Merck Wilmington Biotech in Wilmington, Del.
Market Updates

Philadelphia Office Sector Still Sluggish

The market’s investment volume was among the lowest nationally, according to Yardi Research Data.

Vicentiu Fusea - July 17, 2025
The 2201 E. Higgins Road industrial outdoor storage site in Elk Grove, Ill., in the Chicago market
Industrial

Alterra Locks In $344M for Outdoor Storage Portfolio

Truist Financial Corp. and Bank of Montreal provided the financing.

Gail Kalinoski - July 17, 2025
Exterior shot of PENN 11, a 1.2-million-square-foot, 26-story office building in Midtown Manhattan.
Office

Vornado Lands $450M for Manhattan Tower

The existing loan was scheduled to mature in October.

Maria Maruta - July 17, 2025
Exterior shot of Westfield Century City, a 1.4-million-square-foot retail center in Los Angeles.
Finance

URW Lands $925M Refi for Los Angeles Mall

Five banks are co-originating the note.

Maria Maruta - July 16, 2025
Aerial shot depicting part of TradeLane's 13-property industrial portfolio, for which it secured a $64 million refinancing loan.
Finance

TradeLane Refinances 1.1 MSF Industrial Portfolio

A regional bank provided the loan for the Chicago and Cincinnati assets.

Claudiu Tiganescu - July 16, 2025
Hampton Business District in Westhampton Beach, Long Island
Finance

Rechler Equity Secures $120M for Long Island Business Park

Amazon is among the property’s tenants.

Gail Kalinoski - July 16, 2025
Exterior shot of Ballantyne Tower in Charlotte, N.C.
Investment

Charlotte Office Tower Trades for $72M

The building is fully leased to three tenants.

Mikayla Sciortino - July 15, 2025