29 Equity Intelligence

Most Active Lenders

Weekly rankings of the most active lenders by financing volume across industrial, data center, office, and retail - scored by total dollar volume closed.

Week of August 31, 2026

Industrial
Full article

Industrial real estate financing activity remains robust as of late August 2026, driven by strong demand for logistics space and specialized assets like industrial outdoor storage. Lenders are increasingly active in providing acquisition debt and refinancing packages to support institutional portfolios and transition-heavy industrial projects.

1

Blackstone

$525M · 1 deal

Blackstone provided $525 million in financing to Alterra IOS and Catalyst Investment to support their industrial outdoor storage portfolio.

CoStar
2

PPM America

$236M · 1 deal

PPM America provided $236 million in acquisition debt for a 20-property industrial portfolio totaling 4.4 million square feet.

Commercial Observer
3

Barings

$86M · 1 deal

Barings provided $86.2 million in acquisition debt to finance a three-building industrial portfolio in Charleston, South Carolina.

Commercial Observer
4

Keystone Equities

$61M · 1 deal

Keystone Equities provided $61 million in acquisition debt for an Industrial Outdoor Storage (IOS) repositioning site located in Newark, New Jersey.

Commercial Observer
5

JPMorganChase

$25M · 1 deal

JPMorganChase offers industrial property financing and construction loans for projects ranging from $1 million to over $25 million.

JPMorganChase
Data Centers
Full article

Data center lending activity for the week ending August 31, 2026, remains dominated by massive syndicated facilities and infrastructure-linked credit as hyperscalers and AI firms secure capital for large-scale campus developments. Lenders are increasingly utilizing complex, multi-layered debt structures to manage the high capital requirements and power-dependency risks inherent in modern AI-focused data center projects.

1

JPMorgan Chase

$7.1B · 1 deal

JPMorgan Chase led a landmark $7.1 billion financing package for AI infrastructure firm Crusoe to support the construction of a 1.2 GW AI-focused data center campus in Abilene, Texas.

Bisnow
2

MUFG

$2.2B · 1 deal

MUFG partnered with JPMorgan to secure a $2.2 billion financing package for Vantage Data Centers' latest Texas project.

Data Center Dynamics
3

Blue Owl

$1.5B · 1 deal

Blue Owl's Real Assets and Primary Digital Infrastructure divisions helped raise $1.5 billion in debt financing for the Crusoe Abilene data center campus.

Data Center Dynamics
4

Brookfield

$750M · 1 deal

Brookfield extended a $750 million credit facility to Crusoe to fund the construction of specialized AI infrastructure and data centers.

Bisnow
5

Private Credit Consortium

$25M · 1 deal

A private lender provided a £25 million loan to support the development of a data center facility in Glasgow.

Green Street News

Office real estate financing for the week of August 31, 2026, is dominated by the resolution of distressed assets and strategic recapitalizations as the sector navigates a significant wave of maturities. While traditional bank lending has shown signs of recovery, current activity is primarily driven by CMBS liquidations, foreclosure actions, and high-volume refinancings for stabilized assets.

1

CMBS Trust Lenders (Brookfield Portfolio)

$378M · 1 deal

A $378 million loan backed by a six-property portfolio, including the 1300 N. 17th St. tower in Arlington, was downgraded in late August 2026 due to suburban office pressure.

CoStar
2

Cirrus Real Estate Partners

$100.4M · 1 deal

Cirrus supplied a $100.4 million three-year, floating-rate loan to refinance the 217,208-square-foot Divosta Towers office complex in Palm Beach Gardens.

Commercial Observer
3

JPMorgan Chase

$91.8M · 1 deal

The JPMCC 2013-C10 trust liquidated the Gateway Center office complex in Pittsburgh via a note sale in August 2026, incurring a significant loss.

Connect CRE
4

Computershare Trust Co.

$48.5M · 1 deal

Computershare filed a foreclosure complaint on behalf of trust investors against Showboat Properties for a $48.5 million office-related debt obligation.

Connect CRE
5

Citigroup

$18.3M · 1 deal

Citigroup, acting through a CMBS trust, took control of three office buildings in Brookfield, Wisconsin, via an $18.3 million foreclosure sale.

Connect CRE

Retail real estate financing activity for the week of August 31, 2026, remains characterized by a cautious lending environment as borrowers navigate a significant wall of maturing CMBS debt. While refinancing pressure is acute for regional malls and assets with low debt yields, active lenders continue to provide liquidity for grocery-anchored centers and credit-tenant properties through both CMBS and balance sheet channels.

1

Nomura Securities

$483M · 1 deal

Nomura Securities originated a $482.5 million CMBS loan to refinance a portfolio of 1,749 single-family rental properties across 10 states.

Commercial Observer
2

Acore Capital

$176M · 1 deal

Acore Capital provided a $176 million floating-rate refinancing for a prominent retail property located at 1551 Broadway in Times Square.

The Real Deal
3

WoodmenLife

$14M · 1 deal

WoodmenLife provided $13.5 million in financing for the 146,381-square-foot Strathmore Commons Mall in Middle Island, New York.

Shopping Center Business
4

ABMAR Investments

$6M · 1 deal

ABMAR Investments secured a $5.7 million refinancing for the 69,347-square-foot Union Square Shopping Center in Colorado Springs.

JLL
5

Select Commercial Funding LLC

$2M · 1 deal

Select Commercial continues to facilitate bridge and permanent financing for retail assets starting at $1.5 million for anchored centers and strip malls.

Select Commercial
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