HECM volume slips in August, with the ‘Big 3’ holding a 62% market share
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
Conversely, HMBS issuance rose to $537 million across 65 pools
External link. Real Estate Trail does not republish source content.
More from the wire
SONY PICTURES' SPIDER-MAN: BRAND NEW DAY BECOMES CJ 4DPLEX'S HIGHEST-GROSSING FILM OF ALL TIME ACROSS SCREENX AND 4DX
Film sets new all-time CJ 4DPLEX record in just 33 days, drawing more than 6.7 million moviegoers across 1,200 screens with a record 40% average occupancy BURBANK, Calif., Sept. 2, 2026 /PRNewswire/ -- CJ 4DPLEX, the…
Howard Hughes Inks $35M Refi on Cypress Retail/Office Development
Affinius Capital provided a $35 million refinancing for Village Green at Bridgeland Central, a nearly 200,000-square-foot mixed-use retail and office development in Cypress, Texas. Howard Hughes Holdings was the spons…
Bank OZK Lends $76M for Connecticut Office-to-Resi Conversion
A joint venture between Saber-Hightower and Granoff Real Estate has sealed $75.5 million of construction financing for an office-to-residential conversion project in Connecticut’s Fairfield County, Commercial Observer…
In HelloNation, IT Expert Richard Hermann Explains Aging Office Computers
HelloNation Article Explains Why Aging Office Computers Can Quietly Raise Costs and Slow Daily Business Operations. BUFFALO, N.Y., Sept. 2, 2026 /PRNewswire/ -- The article explains that a computer can still turn on a…
Downtown Denver Apartment Building Trades for $110M
Carmel Partners bought The Fitzgerald at 1840 Market St. for $110 million. Greystar was the owner and developer of the 282-unit, 11-story building. The mixed-use building with retail spaces on the ground floor opened…
Developer Looking to Transform Phoenix Shopping Center
One of Phoenix’s oldest shopping centers is gearing up for a potentially major transformation. Camelback Colonnade is 62 years old in its original form, tracing back to the 1964 opening of the East Camelback Mall, or…