LakeRock Capital

LakeRock Insights

Practical insights on commercial real estate credit, underwriting discipline, portfolio governance, and risk-informed growth.

LakeRock Insights provides practical, cycle-tested perspectives for banks, lenders, sponsors, investors, developers, analysts, and CRE professionals who want to understand how commercial real estate credit decisions are really made.

Inside the Credit Room: Why CRE Risk Starts Long Before Default

Derek P. Pollard explains why CRE credit risk starts long before default, drawing lessons from Bank of New England, the RTC, First Interstate, the Federal Reserve, SunTrust/Truist, and LakeRock Capital.

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Weekly Rate & Capital Markets Signal — May 19, 2026

Weekly Rate & Capital Markets Signal — May 19, 2026

This Weekly Rate Capital Markets Signal reviews the May 19, 2026 rate environment, including Treasury yields, SOFR, credit spreads, CMBS stress, and practical CRE refinance implications. Treasury yields moved higher this week, keeping CRE refinance proceeds, debt constants, and valuation assumptions under pressure even as short-term benchmarks remained relatively stable. Executive Takeaway The Market Is […]