Trepp
Bridge Debt Moves From Stopgap to Primary Structure as $875B in CRE Loans Mature
With permanent lenders selective and $875 billion in commercial mortgages coming due, sponsors are routing transitional deals to debt funds offering speed, flexibility...
Hilton Scotts Valley Sees 27% Value Cut as $21.7MM CMBS Loan Defaults at Maturity
The 178-room hotel in the Santa Cruz Mountains has struggled to cover debt service for much of the past decade, and its loan...
Rialto Capital Pursues Foreclosure on 35,000 SQFT Mixed-Use Building at 580 Market in San Francisco After $15.7MM Loan Default
Special servicer targets early Q3 2026 completion after Paragon Co. affiliate defaulted on $15.7 million CMBS loan that matured in June 2025, as...
CIM Group Faces Default on $61.5MM Loan for 55 Hawthorne in San Francisco
Los Angeles-based real estate investment firm CIM Group now confronts the possibility of losing control of a San Francisco office tower after lenders...
CMBS Delinquencies Push to 7.46% Overall as Office Market Hits a Record 11.76%
All major property types see rising stress in October, with multifamily topping 7 percent for the first time since 2015 The latest readout...
Why CRE Experts Say the Looming $1.26 Trillion Debt Wall Can Be Scaled
By Kidder Mathews Roughly $1.26 trillion in commercial real estate loans are set to mature through 2027. Most originated in the mid-2010s, when rates averaged between...
Goldman Sachs: Office Property Mortgages Are A Ticking Time Bomb in the U.S. Banking Sector
In a recent report by Goldman Sachs, a stark warning was issued about the state of office mortgages in the United States, describing...
Getaround Abandons 50,000 SQFT San Francisco HQ, Embracing Remote Work Amid Economic Challenges
In a significant move reflecting the changing landscape of the corporate world, peer-to-peer car sharing service Getaround has abandoned its San Francisco headquarters,...
Commercial Real Estate Luminary Manus Clancy Joins LightBox Senior Management Team
Clancy will spearhead the firm’s CRE data innovation program IRVINE, Calif., Jan. 12, 2024 /PRNewswire/ — LightBox, the leading provider of commercial real estate information,...
San Francisco’s Office Vacancy Hits New High, As Other Commercial Real Estate Metrics Show City in Distress
By The Registry Staff Downtown San Francisco is currently facing significant challenges. Vacancy rates are high, leasing activity is low, and property owners...
Swift Real Estate Partners Defaults on $62.4MM Loan on 55 New Montgomery in San Francisco
By Vladimir Bosanac As predicted by industry observers, the commercial real estate industry in San Francisco is expected to face ongoing challenges in...
De-Coding the Market Fundamentals
Susan Persin joined the San Francisco office of JLL as a research director for Northern California this summer, bringing with her experience in...
