Commercial Lending Update

Collaborative Network Leverages Equifax Commercial Data and Credit Card Transaction Data from Leading Data Providers to Create More Complete Financial Picture of Small Businesses ATLANTA, Sept. 18, 2024 /PRNewswire/ — Equifax® (NYSE: EFX) has launched […]

Carlyle is teaming up with North Bridge ESG LLC to commit as much as $1 billion towards lending for commercial properties. North Bridge offers what’s called commercial property-assessed clean energy (C-PACE) loans to institutional borrowers across the […]

The Philippine Star September 13, 2024 | 12:00am MANILA, Philippines — Kredit Hero, Asia’s first AI-powered SME lending marketplace has entered the Philippines, transforming how small and medium-sized enterprises (SMEs) can access financing. SMEs are […]

What Happened: In a little-noticed development, eight states have enacted legislation that requires specific disclosures for commercial non-real estate secured financing transactions. Why is it Important: Recently, California, Connecticut, Florida, Georgia, Kansas, New York, Utah, […]

The commercial mortgage bond market looks like it’s in shambles, according to hedge funder John Devaney. Devaney, whose fund was pummeled during the 2008 subprime mortgage crisis, said he saw more trouble ahead for commercial […]

On August 26, the United States District Court for the Southern District of Texas issued a decision upholding the legality of the CFPB Small Business Lending Rule (the “Rule”) (designed to implement section 1071 of […]

Värde Partners-backed Trimont is expanding its commercial real estate (CRE) loan services by acquiring Wells Fargo’s non-agency third-party US commercial mortgage servicing (CMS) business. The acquisition of the largest servicer of CRE securitised debt in […]

RFR Holding’s bad month isn’t getting any better. This time, Aby Rosen and Michael Fuchs’ $180 million commercial mortgage-backed securities loan tied to 17 State Street has been sent to its  special servicer after RFR […]

Fred Seigel’s firm looks like it’s fed up with its floating interest rate on a massive Chicago office tower loan. His Boston-based Beacon Capital Partners’ $370 million commercial mortgage-backed securities loan moved to special servicing […]

Holden Lewis NerdWallet Mortgage rates plunged in the week ending Aug. 8 to their lowest since February 2023. The rapid decrease is likely to set off a wave of refinancing. The 30-year fixed-rate mortgage plummeted […]