A mixed bag for Q2 commercial mortgage delinquencies: MBA
Why this matters
Capital markets activity continues to be defined by the rotation from bank balance sheets to non-bank lenders. Private credit funds have raised record dry powder; banks have tightened CRE underwriting standards for the sixth consecutive quarter. The result is a market where well-sponsored deals clear, and marginal credit pays a meaningful spread to do so. For LPs, the allocation conversation has shifted decisively toward real estate debt, with equity allocations being deployed more selectively into operator-led platforms.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed capital deal value tracked in September 2026: $21.9B across 45 reported transactions.
Computed from Real Estate Trail’s own tracked coverage
External link. Real Estate Trail does not republish source content.
Related coverage — Capital
Are 9% mortgage rates possible?
Without a 10-year move above 6% and the spreads widening, the math does not support 9% — even with a hawkish Fed
Podcast: Automating CRE Accounts Payable Coding, with PredictAP CEO David Stifter
David Stifter has spent more than two decades at the intersection of real estate, technology, and finance. As Managing Director and functional CTO at Digital Bridge (formerly Colony Capital ), he led data architecture…
Commercial mortgage delinquency rate movements mixed
Is technology changing the economics?
AI is reshaping mortgage economics, but lowering the cost to originate requires disciplined processes, measurable ROI and accountability across the organization.
Sitzer settlement survives another challenge as attorneys fight over $120M commission fund
Objectors March and Friedman lost rehearing requests, Gibson rehearing petition remains pending
Alexandria Real Estate Equities, Inc. Announces Closing of Amended and Restated $5.0 Billion Unsecured Senior Line of Credit
PASADENA, Calif., Sept. 28, 2026 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced the closing of its amended and restated $5.0 billion unsecured senior line of credit, a strategic exte…