Byline Bank closes $43M in Commercial Real Estate financing portfolio across four states

CHICAGO, IL — Byline Bank’s Commercial Real Estate Group (BCREG) 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, OH

· $12.75 million in permanent funding for a 100,000 s/f self-storage facility in Chicago, IL

· 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

“These year-end transactions highlight the importance of disciplined underwriting, responsiveness, and long-term partnerships,” said Sarah Hunter, senior vice president of BCREG.

“As we move into 2026, we see the bank-lending market focused on refinancing and repositioning/adding value to existing assets with some selective development,” added Matt Robertson, senior vice president of BCREG. “We remain focused on supporting experienced, best-in-class sponsors with smart, tailored capital solutions.”

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.