Los AngelesDec 17, 2024Gantry buys Westcap to snag $3.2B loan servicing portfolioSan Francisco commercial bank pays undisclosed price for 43-year-old Irvine firm
South FloridaDec 9, 2024Movers & Shakers: Whole Foods VP Brian Maloney joins Ram Realty Plus: David Pulley jumps from Elliman to the Agency
Los AngelesNov 8, 2024Pacific Premier Bank renews headquarters lease in IrvineLandlord John Hancock secures long-term office tenant for 115K sf at Oracle Tower
NationalOct 18, 2024M&T profits rise as rates and CRE exposure fallRegional ral estate lender cuts loss reserves, anticipating fewer defaults
NationalJul 1, 2024Bank failures are coming. Here’s how it could play outMore regional lenders will go under, experts say, and real estate is bracing for impact
NationalJun 5, 2024Is Bank OZK overexposed to real estate?After a double downgrade, Arkansas bank finds itself in the spotlight
NationalMay 31, 2024Banks are more exposed to commercial real estate than regulators realize With indirect REIT lending, such debt raises exposure by 40%: NYU study
New YorkMay 15, 2024NYCB selling $5B of loans as it overhauls balance sheetJPMorgan Chase picking up mortgage warehouse loans
NationalMar 8, 2024Fed chair warns of more bank failures tied to CRE“This is a problem we’ll be working on for years more, I’m sure”: Jerome Powell
ChicagoFeb 7, 2024Small banks headed for trouble amid commercial real estate woes20 largest local banks have over 50% of loans devoted to commercial assets
NationalJan 4, 2024Fed forecasts “continued weakness” for office sector Policymakers pointed to CRE delinquencies surging in coming quarters
New YorkNov 8, 2023Signature Bank loans could sell 40% below face value Bids due on $33B commercial loan book Thursday
New YorkOct 31, 2023NY watchdog warns of bank exposure to CREFinancial agency revamping lender processes after Signature Bank failure
New YorkOct 26, 2023Office defaults send bad debt at NYCB up 2,500%Two loans marked nonrecoverable account for most of increase
New YorkOct 18, 2023M&T reports less CRE distress, but warns of office defaultsBank expects increase in criticized loans this quarter
New YorkSep 19, 2023Bruce Richards’ Marathon chasing $33B Signature loan portfolioFDIC started marketing debt this month in blocks
New YorkSep 5, 2023FDIC makes surprising decision in sale of “toxic” Signature loansAgency selling market-rate loans and minority interest in rent-stabilized loans separately
NationalAug 3, 2023Private credit funds find opportunity in real estateBanks pulling back lending activities in wake of failures
New YorkJul 19, 2023NYC office losses sully M&T Bank earnings growthThree downtown NY office buildings drove uptick in loans slotted as losses in Q2
NationalMay 24, 2023PacWest sells multifamily lending divisionRoc360 takes Civic Financial Services’ biz ops, not previous loans or servicing