The torrential downpour that brought deadly flooding in southern Louisiana last month could impact over 300 properties backing commercial mortgage bonds.
More From Asset Securitization Report
Multifamily portfolio backs $665 million CMBS deal
The $665 million loan is secured by close to 4,000 multifamily units across five states. California properties account for over half of the portfolio's value.
Banks are again vying for CRE loans as fears subside
Lenders pulled back on commercial real estate loans in 2023, as high interest rates put pressure on property values. They're now returning to the sector, and the renewed competition is prompting a pricing war.
Leases in Boston’s Lyrik to support $360 million in CMBS
A five-year-loan is financing Lyrik, a 495,275-square-foot, 20-story office tower, plus 38,012 square feet of retail space in Boston's Back Bay area, a premiere office submarket.
La Quinta Resort property secures single-borrower $300 million CMBS
For the trailing 12-month period that ended in October 2025, La Quinta Resort had an occupancy of 59.2%, and a revenue per available room $230.83.
Impact of climate-fueled disasters seen in insurance, real estate data
The changing climate is increasing insurance rates for residents and cities and lowering property values in areas that face more frequent and intense disasters.