Guarantee Your Edge
in Property Finance

Every week, Commercial Mortgage Alert gives subscribers the earliest look at key lending and securitization activities — real estate financings you're not supposed to know about.

Selections from Recent Issues


Morgan Stanley to Lead Loan on Chicago Mart

Vornado Realty has tapped the team of Morgan Stanley, Barclays and Bank of China to originate a $675 million fixed-rate mortgage on the Chicago Merchandise...

Read more.


CREFC Taps Pendergast as Executive Director

Four months after ousting its top administrative officer, the CRE Finance Council is turning over the reins to Lisa Pendergast, a well-respected industry...

Read more.


Test Deal Gives Issuer Watchdog Role

The issuers of the first conduit offering designed to comply with risk-retention rules have awarded themselves a new power: the right to consult with the...

Read more.


NYSTRS Financing Buyer of Amazon Offices

New York State Teachers has committed to provide $148 million of debt for the acquisition of a portion of’s Seattle headquarters.

Read more.


CIBC Syndicate Backs Lord & Taylor Flagship

A CIBC syndicate has originated a $400 million floating-rate loan on Lord & Taylor’s flagship store in Midtown Manhattan.

Read more.


CMBS Spreads Tighten as Sector Firms Up

Amid pent-up demand for fresh paper and improving bond-market conditions, the benchmark classes of three conduit offerings have achieved spreads...

Read more.


Blackstone Mulls Refinancing Big Vegas Hotel

Blackstone is quietly exploring whether to refinance its $1.3 billion floating-rate mortgage on the Las Vegas Cosmopolitan Hotel.

Read more.


Conduit Deal Struggles After Brexit Turmoil

The first conduit offering to hit the market in more than a month faced tough sledding this week in the wake of financial-market turmoil caused by the...

Read more.


Gallagher Leaving Macquarie to Join Prima

Industry veteran Timothy Gallagher is jumping from the sell side to the buy side.

Read more.


JP Morgan Takes Lead on DC Complex Loan

J.P. Morgan has agreed to lead a roughly $450 million mortgage on a portion of a mixed-use complex in Washington.

Read more.


Mezz Lenders Shift Tactics as CMBS Slumps

The slowdown in the commercial MBS market is forcing mezzanine lenders to change tactics.

Read more.


Redwood Shops Performing High-Yield Debt

Redwood Trust is marketing $241.3 million of performing high-yield commercial real estate debt — primarily mezzanine loans.

Read more.
RSS Feed