Slatt Capital, a national commercial mortgage banking firm, arranged more than $636 million in financings across 147 transactions during the first half of 2025. Driving the activity were strong showings in multifamily, retail and industrial, the top three asset classes by volume and making up more than 76% of the total transaction value.

Unsurprisingly, multifamily transactions led all sectors in valuation during H1, at $207 million. Slatt Capital closed transactions for a mix of ground-up development, refinancing and affordable housing projects.

While leading the way in transaction volume in H1 2025, the resilient retail market accounted for more than $162 million in closed loan value. Lenders and investors continued to favor necessity-driven, and grocery-anchored properties.

Industrial financing totaled approximately $66.3 million, representing 12% of the firm’s midyear transaction value. The firm’s reach extended to flex and cold storage assets as well.

“Multifamily, retail, and industrial continue to define the commercial real estate financing conversation in 2025,” said Michael Kaplan, president of Slatt Capital. “From single-tenant retail refinances to Class-A industrial facilities and ground-up multifamily development, we’re helping clients navigate the evolving credit landscape with certainty and creativity.”

Pictured: Sun Garden Retail Center in San Jose, for which Slatt Capital arranged a $19.7-million refinance.