Year-Over-Year First Quarter Production Growth Points to Encouraging Start for 2026; Gantry’s $23 Billion Loan Servicing Portfolio Continues to Perform San Francisco, Calif. (April 28, 2026) – Gantry, the largest independent commercial mortgage banking firm in the U.S., is reporting $1.0 billion of new commercial mortgage production in Q1 2026. This strong performance reflects an improved rate climate to begin the year and continued debt availability even with renewed volatil

By Thomas Grzebinski Featured in Multi-Housing News Disruption. Uncertainty. Volatility. Three dreaded words that make commercial real estate owners, operators and investors cringe. Conflict with Iran has set world markets on edge again and clouded rate expectations and economic projections with the fog of war. For some if not most, it is setting off alarm bells and heightening concern. This new reality doesn’t mean that the debt market is in some sort of free fall currentl

As we move further into 2026, capital markets volatility continues to be driven as much by global dynamics as by domestic policy. Recent movement in U.S. Treasury yields reflects renewed inflation pressure tied to geopolitical instability in the Middle East. Following a pre-airstrike low of approximately 3.51 percent on the 5-year Treasury and 3.98 percent on the 10-year, rates have moved meaningfully higher. Since the initial airstrikes on Iran, the 5-year Treasury has inc

Uncertainty creates opportunities and new comfort levels. By Austin Ridge The recent post-volatility years upended many borrowers’ traditional lending relationships, forcing sponsors to identify new sources for optimized debt to successfully fund their portfolio goals. Now the same is true for permanent lenders and their pursuit of yield in today’s highly competitive debt markets, particularly when targeting loans for the preferred industrial, retail and multifamily property

In the pursuit of yield, new loan programs for traditional and viable alternative assets are emerging. By Jeff Matlock It’s no secret. There is an enormous quantity of lender capital in the market today. For insurance lenders, most have committed to increasing, and for many dramatically increasing, their allocations to real estate lending in 2026. But in today’s marketplace they are facing increased competition for their preferred allocations to permanent debt on stable multi

Gantry’s MBA CREF meetings with our correspondent insurance companies, affiliate lenders and industry peers were both productive and optimistic as we forecast 2026. Overall, economic growth remains positive although many agree that some stressors are emerging. Real estate is performing well, the rate climate consistent, and lender allocations are holding or increasing with deals getting done.