News/Events

GreenBarn’s David Welsh and David Schonbraun Aren’t Afraid
of a Little Complexity

GreenBarn’s David Welsh and David Schonbraun Aren’t Afraid of a Little Complexity

By Commercial Observer September 1, 2026

A lot happened in the world in 2020: some bad, some ugly but also some good. Amid the tumult and upheaval came some new shoots — “green” ones, so to speak — and, a few years after that, a pairing of two industry veterans.  David Welsh co-founded Normandy Real Estate Partners, an investment firm primarily…

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Butlr’s New Thermal Sensor Products Aim at Occupancy and
Restrooms

Butlr’s New Thermal Sensor Products Aim at Occupancy and Restrooms

By Commercial Observer September 1, 2026

Physical artificial intelligence technology company Butlr has launched two products — Ask Butlr and its Smart Cleaning module — for building operators. A Massachusetts Institute of Technology spinout, Butlr combines thermal body heat sensing technology and machine learning to infer human behavior without the use of cameras or other methods that compromise anonymity. Ask Butlr,…

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Forbearances, Modifications Carry Weight in Latest
Data

Forbearances, Modifications Carry Weight in Latest Data

By Commercial Observer September 1, 2026

CRED iQ tracked 82 modified commercial mortgage-backed securities (CMBS) and commercial real estate collateralized loan obligation (CRE CLO) loans with a combined $2.36 billion in outstanding balance from May through July 2026. The mix looks different than it did a few quarters ago as “extend and pretend” hasn’t disappeared, but it’s no longer the whole…

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Trepp’s Stephen Buschbom and Andy Boettcher On a Very Busy
2026 for CMBS

Trepp’s Stephen Buschbom and Andy Boettcher On a Very Busy 2026 for CMBS

By Commercial Observer September 1, 2026

The commercial mortgage-backed securities (CMBS) market is on track to exceed issuance expectations in 2026, with single-asset, single-borrower (SASB) deals driving the reassessment. With more than $90 billion of CMBS volume scheduled to close through early September, the market is on pace to reach nearly $140 billion by the end of the year, according to…

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Lab Landlords In 'Hand-To-Hand Combat' To Last To
Recovery

Lab Landlords In 'Hand-To-Hand Combat' To Last To Recovery

By Bisnow News Feed September 1, 2026

Rental rates nationwide have declined nearly 18% since 2023 to $64 per SF.

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Chicago's Slow Apartment Pipeline Fueling Deals And Adaptive
Reuse

Chicago's Slow Apartment Pipeline Fueling Deals And Adaptive Reuse

By Bisnow News Feed September 1, 2026

Chicago's tight apartment market is spurring creative deals and office conversions.

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'This Is A Big Change For Me': Leslie Cohen Launching New
Company After Leaving Davis Cos.

'This Is A Big Change For Me': Leslie Cohen Launching New Company After Leaving Davis Cos.

By Bisnow News Feed September 1, 2026

Leslie Cohen, a longtime Boston real estate executive, is launching Ops Alchemy to help small real estate firms with their operations.

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Robotics Company To Relocate HQ Within Charlotte, Double
Size

Robotics Company To Relocate HQ Within Charlotte, Double Size

By Bisnow News Feed September 1, 2026

Lucid Bots relocates its HQ within Charlotte, doubling its size to 45K SF. The move supports product growth and employee expansion.

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Developer Rishi Kapoor Sentenced To 11 Years For Money
Laundering, Tax Fraud

Developer Rishi Kapoor Sentenced To 11 Years For Money Laundering, Tax Fraud

By Bisnow News Feed September 1, 2026

Miami developer Rishi Kapoor pleaded guilty to misappropriating condo deposits for his upcoming projects and spending them on luxury goods.

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Client Testimonials

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Our firm required a financing partner who could understand both our business operations and our long-term investment objectives. Noel Gonzalez arranged a $3.75 million loan structure that allowed us to occupy a portion of the property while benefiting from existing tenant income. The transaction involved sophisticated financial planning and coordination among multiple advisors. Throughout the process, Noel consistently acted as a trusted consultant, often helping both sides renegotiate terms and maintain momentum when deadlines became challenging. His communication skills, professionalism, and attention to detail are second to none. Vanguard Commercial Capital provides much more than financing solutions, they provide confidence and certainty during complex transactions.
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