Byline Bank’s Commercial Real Estate Group closed out December 2025 with five financing transactions totaling $43 million, all completed with returning BCREG borrowers.
The transactions spanned industrial outdoor storage, multi-tenant industrial, self-storage and flex industrial assets across Illinois, Ohio, Wisconsin and New Jersey.
The deals were primarily structured as refinancings, bridge loans and permanent financings, reflecting a broader market shift away from new construction and toward recapitalization and stabilization strategies. Several transactions were completed under accelerated timelines to meet year-end deadlines, highlighting the community bank’s speed, agility and deep focus on customer needs.
Funding details of each transaction include:
· A $10.3 million bridge loan for a 12-acre industrial outdoor storage property in Southern New Jersey
· A $4 million value-add bridge loan for 96,000 square feet of industrial space in Dayton, Ohio
· $12.75 million in permanent funding for a 100,000-square-foot self-storage facility in Chicago, Illinois
· An $8.75 million term loan for a multi-tenant industrial property in Cleveland, Ohio
· $7.2 million in permanent financing for a stabilized industrial building in Oak Creek, Wisconsin
Collectively, these transactions underscore key themes shaping the 2026 CRE market, including increased refinance activity, sustained demand for bridge and value-add capital, and a renewed role for community banks as borrowers move away from private debt in search of stability and relationship-driven bank financing. In 2025, BCREG closed over $350 million in CRE commitments.
