Practical perspectives on CRE underwriting, portfolio risk, capital markets, development feasibility, governance, and institutional decision-making.
Explore firsthand lessons, market analysis, and decision-focused insights shaped by experience across CRE lending, workouts, Federal Reserve supervision, and enterprise credit-risk leadership.
Firsthand perspectives on the credit decisions, control failures, market shifts, and governance challenges that shape institutional CRE risk.
A firsthand account of how rapid growth, weak controls, and delayed recognition allowed CRE credit weakness to become institutional risk.
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Analysis and firsthand perspective across CRE credit, risk management, development, capital markets, governance, and institutional decision-making.
Treasury yields rose sharply across key CRE maturities, while corporate credit spreads widened. LakeRock examines the implications for refinance proceeds, DSCR, valuation, sponsor capital, and portfolio monitoring.
Treasury yields eased modestly after two weeks of increases, but the June CMBS special-servicing rate rose to 11.20%. LakeRock examines the implications for CRE refinancing, maturity risk, valuation, and portfolio monitoring.
Inflation cooled in June, but CRE cost pressure remains uneven. The July CRE Property and Construction Cost Monitor examines how property expenses, lease economics, construction inputs, development feasibility, NOI durability, and refinance assumptions are interacting across the commercial real estate market.
Treasury yields rose across key CRE maturities for a second consecutive week, with the 30-year Treasury moving above 5%. Credit markets remained orderly, but higher benchmarks increased pressure on refinance proceeds, DSCR, valuation, and sponsor-capital requirements.
A first-person account of how rapid growth, weak controls, hidden credit deterioration, and delayed risk recognition contributed to the failure of the Bank of New England—and the CRE risk disciplines that still matter today.
A commercial real estate project can have strong demographics, credible demand, and an experienced development team — and still fail. This case study examines what happens when construction cost, required rent, tenant economics, and financing no longer align.
Long-form analysis on commercial real estate underwriting, credit risk, development feasibility, governance, portfolio management, and lessons across market cycles.
A first-person account of how rapid growth, weak controls, hidden credit deterioration, and delayed risk recognition contributed to the failure of the Bank of New England—and the CRE risk disciplines that still matter today.
A commercial real estate project can have strong demographics, credible demand, and an experienced development team — and still fail. This case study examines what happens when construction cost, required rent, tenant economics, and financing no longer align.
Track Treasury yields, SOFR, credit spreads, CMBS stress, refinancing pressure, and the market signals shaping commercial real estate underwriting and capital decisions.
Treasury yields rose sharply across key CRE maturities, while corporate credit spreads widened. LakeRock examines the implications for refinance proceeds, DSCR, valuation, sponsor capital, and portfolio monitoring.
Treasury yields eased modestly after two weeks of increases, but the June CMBS special-servicing rate rose to 11.20%. LakeRock examines the implications for CRE refinancing, maturity risk, valuation, and portfolio monitoring.
Treasury yields rose across key CRE maturities for a second consecutive week, with the 30-year Treasury moving above 5%. Credit markets remained orderly, but higher benchmarks increased pressure on refinance proceeds, DSCR, valuation, and sponsor-capital requirements.
Monitor construction inputs, labor, utilities, property operating expenses, and other cost pressures affecting development feasibility, underwriting, cash flow, and capital requirements.
Inflation cooled in June, but CRE cost pressure remains uneven. The July CRE Property and Construction Cost Monitor examines how property expenses, lease economics, construction inputs, development feasibility, NOI durability, and refinance assumptions are interacting across the commercial real estate market.
June’s Monitor examines rising inflation, construction inputs, property operating expenses, development feasibility, and refinance risk.
Discuss a CRE credit, portfolio, investment, development, or underwriting-governance need with LakeRock Capital.