Market Update Blog

September 18, 2025

by Cody Charfauros, Principal and Managing Director   The last 60 days have seen permanent loan spreads across banks, life companies, and CMBS lenders stabilize near record lows with little additional compression, while U.S. Treasury–indexed interest rates have fallen in lockstep with the market’s expectations for interest-rate…

September 4, 2025

By Kristin Howes, Assistant Vice President  After several years of muted activity, CMBS (Commercial Mortgage-Backed Securities) lending is making a notable comeback in 2025. As capital markets stabilize and investor appetite for yield returns, CMBS lenders are re-entering the market…