Core Insights - Mag Mile Capital successfully arranged $47.61 million in total financings across five commercial real estate transactions, showcasing its ability to execute complex capital stacks across various asset classes and market conditions [1][2] Financing Details - The financing packages included a mix of fixed-rate and floating-rate structures tailored to clients' business plans, ranging from long-term cash-flow-focused executions to higher-leverage solutions for value-add and repositioning strategies [2] - A debt fund financing for a New York asset helped a client meet a tight 1031 exchange deadline, avoiding a significant capital gains tax liability [2] Transaction Highlights - Deal 1: Multi-tenant Retail Shopping Center in Gage Park, Illinois - Loan Amount: $4.86 million - Use of Proceeds: Acquisition - Closing Date: November 10, 2025 - Capital Type: Conventional loan by a National Bank - Sponsor Type: Family Office [3] - Deal 2: NNN Swim Facility in Mamaroneck, New York - Loan Amount: $7.15 million - Use of Proceeds: Acquisition closed in less than 30 days for a 1031 exchange - Closing Date: December 5, 2025 - Capital Type: Bridge loan by a Debt Fund - Sponsor Type: Entrepreneurial Owner [3] - Deal 3: Marina Facility in New Bern, North Carolina - Loan Amount: $5.1 million - Use of Proceeds: Acquisition - Closing Date: December 15, 2025 - Capital Type: Conventional loan by a Regional Bank - Sponsor Type: Private Equity Fund [3] - Deal 4: Wingate by Wyndham converting to Holiday Inn Express in Atlanta, Georgia - Loan Amount: $10.5 million - Use of Proceeds: Cash-out Refinance - Closing Date: December 19, 2025 - Capital Type: Non-Recourse CMBS loan by a global investment bank - Sponsor Type: Family Office [6] - Deal 5: Residence Inn and Fairfield Inn by Marriott in San Antonio, Texas - Loan Amount: $20 million - Use of Proceeds: Refinance to pay off a higher rate Life Insurance company bridge loan - Closing Date: January 9, 2026 - Capital Type: Non-Recourse CMBS loan by a global investment bank - Sponsor Type: Entrepreneurial Owner [6] Company Overview - Mag Mile Capital is a boutique, full-service commercial real estate mortgage banking firm headquartered in Chicago, specializing in arranging sophisticated financing solutions across all major asset classes since 1991 [4]

Core Insights - Walker & Dunlop is expanding its Capital Markets Institutional Advisory presence in South Florida by adding Michael Stepniewski, who will provide localized expertise in financing strategies across all asset classes [1][2] Group 1: Market Dynamics - Miami is experiencing exceptional momentum as a premier institutional market, characterized by rising transaction activity and a robust financing landscape [2] - The company has been actively engaged in the South Florida market, delivering tailored financing solutions and building strong relationships with local investors and sponsors [2] Group 2: Recent Activities - The Capital Markets Institutional Advisory has arranged significant financings in the Miami area, including loans for 1001 Brickell Bay Drive, construction loans for Villa Miami and Cassi Miami, and refinancing for Forma Miami [2] - Over the past several years, the team has completed more than 75 financings throughout South Florida [2] Group 3: Strategic Positioning - Establishing a permanent institutional advisory presence in South Florida is crucial for meeting client needs, supported by strong synergies across the company's platform and deep institutional capital relationships [3] - The expansion will enable Walker & Dunlop to offer a full suite of advisory expertise, enhancing client experience through integrated platforms and timely insights [3] Group 4: Financial Performance - In 2024, Walker & Dunlop's Capital Markets team sourced over $16 billion from non-Agency capital providers, establishing itself as a top advisor across all asset classes [4]

Core Viewpoint - OptimumBank has launched a limited-time financing promotion for owner-occupied commercial real estate, offering competitive loan terms to support growing businesses [1][2][3] Group 1: Promotion Details - The promotion allows qualified borrowers to secure up to 80 percent loan-to-value at an interest rate of SOFR plus 2.67 percent, with a one-quarter point fee [1][3] - The promotional pricing is available for loan applications completed and submitted by March 31, 2026 [2][3] Group 2: Eligibility and Requirements - To qualify, the minimum purchase price must be one million dollars, and borrowers must establish deposit relationships with OptimumBank [4] - All loans are subject to credit approval and underwriting guidelines, with additional restrictions potentially applying [4][5] Group 3: Company Background - OptimumBank, founded in 2000 in Ft. Lauderdale, Florida, focuses on service-oriented banking with reasonable fees, aiming to support economic development and community partnerships [6]

Core Insights - Sunrise Realty Trust, Inc. has committed $35.0 million to a $370.0 million first mortgage loan for the Lofty & Standard condominium development in Miami, Florida [1] - The project features two towers with a total of 784 luxury units and high-end amenities, indicating strong demand in the Miami real estate market [2][3] Company Overview - Sunrise Realty Trust, Inc. is an institutional commercial real estate lender focusing on transitional CRE projects in the Southern United States [4] - The company aims to provide flexible financing solutions that facilitate near-term value creation, primarily targeting established and rapidly expanding markets [5] Project Details - The Lofty tower will have 362 luxury units, while the Standard tower will have 422 units, both offering premium amenities [2] - The project is a joint venture between Two Roads Development and Newgard Development Group, highlighting collaboration with leading developers in the region [1][3]

Core Insights - Mag Mile Capital successfully arranged $15.9 million in financing for the acquisition of the Hampton Inn El Paso by Nexgen Management, a hotel ownership and management firm based in Dallas [1][4] - The financing package includes a $13.9 million senior CMBS loan and a $2 million mezzanine loan, achieving over 80% loan-to-purchase price leverage [2][4] - The transaction highlights the challenges in securing mezzanine financing in the current market, yet Mag Mile Capital was able to provide competitive terms [3] Financing Details - Total Financing: $15,900,000 [4] - Senior Loan: $13,900,000 [4] - Mezzanine Loan: $2,000,000 [4] - Total Leverage: 80%+ Loan-to-Purchase Price [4] - Term: 5 Years [4] - Rate Type: Fixed Rate [4] Market Positioning - The Texas border market offers unique opportunities, and Nexgen Management's experience in this area made them a suitable candidate for the transaction [3] - Mag Mile Capital's ability to creatively source and structure capital, even in limited market segments, is emphasized [4] - This transaction marks the fourth deal closed with Nexgen Management, totaling over $75 million in closed deals with the client [4] Company Overview - Mag Mile Capital is a boutique commercial real estate mortgage banking firm headquartered in Chicago, specializing in sophisticated financing solutions since 1991 [5] - The firm leverages deep capital markets relationships to deliver tailored solutions across all major asset classes [5]

Core Viewpoint - Timbercreek Financial reported solid performance in Q2 2025, with positive commercial real estate conditions despite macroeconomic volatility related to tariffs [3]. Financial Performance - Net mortgage investments increased to $1,114.0 million in Q2 2025, up from $1,003.4 million in Q2 2024, representing an increase of $110.6 million or 11.0% year-over-year [4][5]. - Net investment income for Q2 2025 was $25.2 million, compared to $26.4 million in Q2 2024 [5]. - Net income and comprehensive income decreased to $12.4 million in Q2 2025 from $15.4 million in Q2 2024 [5]. - Distributable income was $14.6 million ($0.18 per share) in Q2 2025, down from $16.3 million ($0.20 per share) in Q2 2024 [5][6]. - The company declared dividends of $14.3 million, maintaining a payout ratio of 97.8% on distributable income [5][6]. Portfolio and Investment Strategy - The weighted average interest rate on the portfolio was 8.6% for Q2 2025, with 87.4% of loans being variable rate loans with interest rate floors [6]. - The company has made significant progress in resolving remaining staged loans, addressing over $80.0 million in Stage 2 and 3 loans in Q2 2025 [5]. - New loan originations were more heavily weighted towards the end of the quarter, indicating a strategic focus on portfolio expansion [5]. Market Conditions - The commercial real estate market remains positive, with stabilized rates creating a favorable environment for portfolio growth [3]. - The core asset class, multi-family residential, is expected to perform well amid economic uncertainty, providing a buffer against potential impacts from tariffs [5].

Core Insights - Sunrise Realty Trust, Inc. ("SUNS") has expanded its senior secured revolving credit facility to $90 million, following a new $40 million commitment from City National Bank of Florida (CNB) [1][2] - The credit facility is expandable to $200 million, subject to customary conditions and additional lender participation [1] - Proceeds from the credit facility will be utilized to fund SUNS' commercial real estate loan pipeline, support existing commitments, and provide general working capital [2] Company Overview - Sunrise Realty Trust, Inc. is an institutional commercial real estate lender focusing on transitional CRE business plans with potential for near-term value creation, primarily in the Southern United States [4] - The company is part of the TCG Real Estate platform, which includes affiliated CRE-focused debt funds [5] Financial Institutions Involved - City National Bank of Florida (CNB) is the second-largest financial institution in Florida, with over $26 billion in assets and a strong focus on commercial banking and real estate lending [6] - East West Bank, the Administrative Agent for the credit facility, has total assets of $76 billion and operates over 110 locations in the U.S. and Asia [7]