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Latest news
Single asset, single borrower deals drove the US CMBS market in 2025, particularly on New York City collateral as office attendance rose. With interest rates predicted to fall further in 2026, market participants are looking forward to a greater variety of deals on commercial real estate from other cities and sectors, writes Pooja Sarkar
The conditions are set so that 2026 promises to be even better than the already impressive 2025. A deepening of esoteric asset classes, combined with entirely new deal types, as well as more debut issuers are set to be the key themes, writes Tom Hall
Deal appeared on screens after its first book update
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Deals at the double as mall-backed issuance creeps up
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Sponsors also inject $35m of equity
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UBS headquarters among deals in enthusiastic SASB market
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Participants expect asset class to stay well bid though some are cautious sentiment could easily change
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Bank's fourth five-year conduit CMBS of 2025 was oversubscribed even as it tightened from IPTs
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Firm’s JSI ETF passes $1bn mark in under two years
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£1.5bn deal is the latest success for buoyant CMBS primary market
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Despite a revival for the asset class, some sponsors are turning towards private credit for funding
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Refi for iconic building boasts high profile tenants and high occupancy