Banks and other lenders have juggled non-performing loans by extending deadlines or renegotiating terms. It's been a bit here, another one or two there. But some anecdotal evidence — it will take time for data to show patterns more surely — suggests that both lenders and buyers are looking at moving larger blocks of properties and loans.
In July 2024, Realfin reported that FS Credit Real Estate Income Trust purchased a $351.8 million portfolio of senior loans from a commercial bank during the summer of 2024. The bank was trying to rebalance its CRE loan holdings to get risk off its books.
Trilogy Real Estate Group reportedly has hired Newmark to sell a portfolio of 10 properties with 2,845 units for about $500 million, according to CoStar News. Trilogy will consider bids for individual properties or subparts of the portfolio.
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