Mini-Perm Loans: Definition, Uses, and Comparison to Construction Loans

Discover what mini-perm loans are, their uses, and how they compare to construction loans in helping pay off income-generating construction or commercial properties ...
The New York Times

Real Estate Crisis? Small Banks Say Their Loans Are Fine.

Community banks are big commercial real-estate lenders. But they say their loans are to sturdy local businesses, not those facing vacant office space. By Matthew Goldstein and Emily Flitter Small ...
Commercial Observer

CMBS Loan on SoHo’s The Prince Building Enters Special Servicing

Amid a slipping occupancy rate in the property, the 354,604-square-foot building’s loan was transferred to special servicing “due to imminent monetary default,” Trepp wrote in its report. The Prince ...
Sun Sentinel

Clouds rising over banks? As interest rates stay high, FAU survey handicaps risks for lenders with big books of commercial loans

The size of the construction loan is as stunning as the Miami super tall structure it’s helping to build. The recently announced $688 million financing for the Waldorf Astoria Hotel & Residences, ...
The New York Times

Office Building Losses Start to Pile Up, and More Pain Is Expected

The distress in commercial real estate is growing as some office buildings sell for much lower prices than just a few years ago. By Joe Rennison and Julie Creswell Since the early days of the pandemic ...