Expect multifamily lending to be robust throughout the year, especially as the agencies are eager to hit their caps and banks return to the space. Agencies raised lending caps from $73B to $88B for 2026. All size banks, CMBS, life companies and credit unions are all actively seeking quality multifamily loans. Also, keep an eye on debt funds and private money lenders who raised capital to be eager to win deals. More
Construction loans will be much easier to obtain this year, and it is a great time to be a borrower because of ample liquidity in the market and index compression. There is an increase in viable lenders — including the banks — that are getting more aggressive as the year continues. More
Bank lending volume will rise in 2026 as interest rates remain steady. All banks — including the money center banks — are back in the market in a big way. Unlike the restrictive posture of 2023 to 2024, banks are under pressure to deploy capital and re-balance portfolios, leading to increased competition for quality assets and seasoned sponsors. More
The Mortgage Bankers Association (MBA) announced at its 2026 Commercial/Multifamily Finance Convention and Expo earlier this month in San Diego that total commercial mortgage origination volume is forecasted to increase 27% to $805.5B in 2026 from the $633.7B expected in 2025. Multifamily origination volume is expected to increase 21% to $399.2B in 2026 from the $330.B expected in 2025. More
Despite some headwinds, industrial will still be a hot property type this year due to strong fundamentals and continued growth potential. Industrial has long been the darling of the industry, however; leasing velocity has slowed and changes in tariffs have softened demand and sales. More
After a year of record volume and large deals, C‑PACE has solidified its place as a mainstream solution within CRE financing. Originations soared in 2025 as borrowers leaned on it to revive stalled projects, blend down capital costs and navigate selective senior lending. With lender consent rising and equity still constrained, industry leaders expect C‑PACE to play an even larger role in 2026’s measured recovery. More
The condo and townhome lending market will remain selective but increasingly opportunistic going forward. Strong sponsors and clean projects will get done, especially with some new lenders entering the game. Lenders who retreated during the rate volatility of 2022 to 2024 are beginning to re-engage, particularly for well-located projects with experienced sponsors that bring additional liquidity to the market. More
Fairstead, a national CRE firm specializing in affordable housing, is using public-private partnerships, emerging technologies and a multidisciplinary team to expand opportunity and improve residents’ lives. The New York-based company, which also has regional hubs in Colorado, Florida and Washington, D.C., owns more than 27,000 apartments across 28 states. Investing in Homes and Futures “At More
Watch for a robust bridge lending market this year, as many lenders increase their 2026 origination volumes. Borrowers will see plenty of available bridge capital going forward, especially in the lease-up space for newly built assets. Capital and sponsors alike seem to think transaction velocity — particularly acquisitions — may see a resurgence in 2026, especially during the second half of the year. This may open the floodgates to increased bridge lending activity for deals that are transitional. More
We asked Brandon Cooke, SVP of Rosewood Property Company — a national self‑storage owner with 85 facilities totaling 6 million s.f. across 23 states — to share his predictions for the self-storage market in 2026. Here is what he had to say. More
The appetite for mezz loans will increase this year and anticipate large private credit platforms, insurance company affiliates and established real estate debt funds to be active. These groups are well capitalized and focused on institutional transactions where structure and intercreditor protections are clearly defined. Look for many bridge lenders to step into that gap to provide competitive full-stack solutions. More
After three years of rate turbulence, historic construction volume, and cap rate resets, 2026 is shaping up to be a transitional year for U.S. multifamily — the beginning of a slow normalization in which rents, occupancy, lease ups, concessions and expenses finally bottom out and move toward stabilization. The recovery will be gradual and uneven, highly dependent on region and asset class, with best in class properties rising to the top. More
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