10Y UST5.01%+0.20%30Y MTG6.95%+2.81%SOFR3.62%-0.55%VNQ$93.81+0.35%XLRE$42.94+0.30%FED FUNDS3.63%
Real Estate Trail
Institutional Press Wire
Connect CRE · Capital

California People and Company News, Week of Sept. 18, 2026

Via Connect CRE · September 17, 2026
Compiled by Real Estate Trail Editorial · September 17, 2026

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: $9.9B across 29 reported transactions.

Computed from Real Estate Trail’s own tracked coverage

Excerpt from Connect CRE:
JLL Capital Markets has expanded its Debt Advisory platform with the addition of Senior Director David Ghannadi to its Orange County Capital Markets team. In this role, Ghannadi will be primarily responsible for origi…
Read the full article at Connect CRE

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