Market commentary on the maturity wall and CRE debt
Plain, expert reads on refinancing, structuring, and the state of the commercial real estate debt market. Written by the desk that places the loans.
The 2025 to 2027 CRE maturity wall and what sponsors should be doing now
A wave of commercial real estate loans originated in a low-rate environment is maturing into a higher-rate one. We look at what that means for refinancing timelines and how sponsors are getting ahead of it.
Read RefinanceWhen to start a refinance: the timeline that actually protects your basis
Waiting until maturity to start a refinance is the most expensive mistake we see. A realistic timeline for agency, HUD, and CMBS, and when to begin each.
Read StructureBridge versus permanent: designing the take-out from day one
The cheapest loan isn't always the right first loan. How we structure bridge-to-permanent so the take-out is built in, not bolted on.
ReadFull articles published here as they're written. Commentary reflects market conditions at the time of writing and is not a commitment of terms.
Tell us about the asset, the sponsorship, and the exit
The more we can see up front, the faster we come back with a realistic path. We never ask for credit score, personal income, net worth, or debt amounts on this form.