💼 Debt Funds Are Redefining CRE Distress in 2026 📉➡️📈

Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 14/01/2026

Debt Funds and the New Shape of CRE Distress Commercial real estate distress in the current cycle looks nothing like the aftermath of the Global Financial Crisis. While headlines continue to focus on rising defaults and valuation resets, the data tells a very different story: forced asset sales remain historically low. The primary reason is structural—private debt funds, especially those active in mezzanine lending, have fundamentally reshaped how distress is absorbed and resolved in a positive way.

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📉 Why Cap Rates No Longer Tell the Full Story in 2026 Commercial Real Estate

Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 13/01/2026

Why Cap Rates No Longer Tell the Full Story And what lenders are actually using to approve—or kill—deals like in 2025 For decades, cap rates were the go-to metric for valuing commercial real estate. They were simple, widely understood, and effective in a low-rate, stable credit environment. That world no longer exists.

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