Overview
- A controlling‑class holder in a 2016 CMBS deal filed suit to halt a Rialto Capital Advisors workout tied to a loan in special servicing, alleging the plan would improperly benefit the servicer.
- TreppCRE reports 7,085 commercial loans totaling about $287 billion mature by year‑end 2026, raising the risk that weaker assets struggle to refinance.
- Orion Properties’ proposal to modify terms on a $355 million CMBS loan backed by 19 office buildings triggered the loan’s transfer to special servicing.
- InterVest Capital Partners and Metro Loft secured an $867 million package to convert 111 Wall St. to housing, described as the largest single‑building office‑to‑residential financing to date.
- Selective liquidity persists as Moody’s signs a roughly 460,000‑square‑foot lease at 200 Liberty St., Slate and Breaking Ground buy the Stewart Hotel for a $255 million affordable‑housing conversion, Bank OZK lends $967 million on a Rockford industrial portfolio, and North River Partners with AB CarVal funds $56 million for a Las Vegas apartment build.