CMBS
Rialto Weighs Housing Sale for 289,000 SQFT Former Frontier Office Campus in Everett
Rialto Capital weighs a housing sale for the former Frontier office campus in Everett after its value fell from $38.6MM to $9.3MM.
Trepp: Seattle Office Slips, but Seattle Apartments and Portland Self-Storage Rank Among West’s Safest
Trepp analysts told a national webinar audience that Seattle's office market is weakening at the margins, even as the metro's multifamily loans and...
Seattle’s 1000 Denny Way Office Loan Heads to Special Servicing Ahead of 2027 Maturity
A $56 million loan secured by the 263,000-square-foot office building at 1000 Denny Way has landed in special servicing weeks before its February...
251-Key Embassy Suites Portland Airport Hits Special Servicing After Missing $49.7MM Loan Maturity
A 251-room airport hotel that its sponsor has quietly propped up for years finally ran out of runway at maturity, handing Rialto Capital...
Olympia’s Capital Mall Among Five in $437MM Starwood Portfolio Back in Special Servicing
Capital Mall in Olympia is one of five regional malls backing a $436.9 million CMBS loan that tumbled back into special servicing on...
Brookfield Lands $210MM Refinancing on Meta-Leased Bellevue Offices as KBRA Values 543,000 SQFT Complex 33% Below Appraisal
Brookfield Premier Real Estate Partners is refinancing two Spring District office buildings fully leased to Meta with $210 million in new CMBS debt,...
Anatomy of a Default: How a $229MM Bellevue Office Loan Went From 3.40x Coverage to Foreclosure
A single-tenant office loan that looked untouchable at origination has become one of the Puget Sound's clearest tests of how far trophy values...
CMBS Distress Rate Jumps to 11.86% in May as Office Pain Deepens and April Dip Evaporates
A one-month improvement in April proved fleeting as CRED iQ's combined CMBS distress rate snapped back to 11.86 percent in May 2026, with...
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...
The Morning After and How The Cycle Turned While You Were Sleeping
After two years of paralysis, capital is clearing its throat and deal volume is stirring — but this cycle rewards scalpels, not sledgehammers....
Commercial Real Estate Market Gains Momentum as Property Prices Rise 4.2 percent Year Over Year
Federal Reserve rate cuts drive $1.9 billion reduction in distressed properties, transaction volumes jump 13.2 percent year-to-date The commercial real estate market is...
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...
