Self-storage operator Mini Mall Storage has secured $180 million of commercial mortgage-backed securities (CMBS) debt to refinance a national self-storage portfolio, Commercial Observer has learned.

Wells Fargo's said average loans outstanding in Q3 rose 2% from a year ago to $928.7 billion, the first time the portfolio grew since Q2 2023. Among the drivers of the growth was higher commercial and ...

Wells Fargo continues to whittle away at its pile of shaky office loans while beating earnings estimates, but Wall Street investors aren’t impressed. The bank cut the value of its nonaccruing ...

Wells Fargo (WFC) could face losses of up to $3 billion on its commercial real estate (CRE) office loan portfolio over the next three to four years, according to CEO Charlie Scharf. Speaking at an ...

NEW YORK — Wells Fargo sued JPMorgan Chase on Monday to recover losses for investors in a $481 million commercial real estate loan that was allegedly based on a fraudulently inflated financial metric.

Wells Fargo is suing JPMorgan Chase over investor losses related to an allegedly inflated metric used for a $481M loan in 2019. Wells Fargo claims JPMorgan and Chetrit Group knew the historical net ...

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (WFC) today announced it has entered into a definitive agreement to sell the non-Agency third-party servicing segment of its Commercial Mortgage ...