10Y UST5.27%-0.75%30Y MTG7.40%+1.65%SOFR3.88%-0.51%VNQ$89.17+0.54%XLRE$40.74+0.41%FED FUNDS3.88%
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REIT.com · Capital

CDT Continues to Strengthen Affordable Housing Finance Model Across Cycles

Via REIT.com · October 8, 2026
Compiled by Real Estate Trail Editorial · October 8, 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

Excerpt from REIT.com:
Strong lending activity, disciplined equity acquisitions, and a $50 million capital raise are positioning CDT to expand through an uncertain market.
Read the full article at REIT.com →

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