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FinanceIndustry NewsResidential

Blackstone’s 432-Unit Ascent and Marlowe in Seattle’s South Lake Union Caught Up as $518MM Portfolio Loan Hits Special Servicing

Ascent South Lake Union and Marlowe, the 432-unit pair Blackstone bought for about $302.8 million in 2021, are now two of the last...

Portland, Vancouver, Marcus & Millichap, Damascus, Canby, Amazon, Pacific Northwest,
FinanceIndustry NewsPortlandResidential

Clackamas’ 234-Unit Townhomes with a View Lands in Special Servicing as Expenses Squeeze $24MM CMBS Loan

A $24.1 million CMBS loan on NBP Capital's 234-unit Townhomes with a View in Clackamas, Ore., has moved to special servicer Rialto Capital...

Seattle skyline with Elliott Bay
CommercialFinanceIndustry NewsLeasing

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...

Washington capitol building in Olympia
FinanceIndustry NewsRetail

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...

Financial graphic with downward trending figures
CommercialFeaturedFinanceIndustry News

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...

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