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Wells Fargo Tops NYC Lender Rankings as the Top 20 Write $36B in Loans

Apartment Openings Fall 27% in 2026 as New York Metro Bucks the Slowdown

Benefit Street Lends $117.3M on Three Greystar-Run Texas Apartment Communities

CMBS Distress Climbs to 11.2% as Strain Shifts From New York to L.A. and Chicago

The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

Wells Fargo Tops NYC Lender Rankings as the Top 20 Write $36B in Loans

New York’s biggest lenders wrote far larger checks this year, though the number of loans barely moved.

THE TAKEAWAY

Apartment Openings Fall 27% in 2026 as New York Metro Bucks the Slowdown

Deliveries are retreating across the Sun Belt while New York’s pipeline finally reaches completion.

THE TAKEAWAY

Benefit Street Lends $117.3M on Three Greystar-Run Texas Apartment Communities

Benefit Street’s $117.3M refinances 960 Greystar-run units in fast-growing Austin and DFW suburbs.

THE TAKEAWAY

CMBS Distress Climbs to 11.2% as Strain Shifts From New York to L.A. and Chicago

Strain is easing in New York and building in L.A., Chicago and Houston as loans hit maturity.

THE TAKEAWAY

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