Slatt Capital Closes $636M Across 147 Financings in First Half of 2025
Slatt Capital, a national commercial mortgage banking firm, completed over $636 million in financing across 147 transactions during the first half of 2025. Activity was driven largely by the multifamily, retail, and industrial sectors, which together accounted for more than 76% of the total transaction value.
Multifamily emerged as the leading asset class in terms of total valuation with $207 million in closed financings. These transactions supported a range of initiatives including ground-up developments, refinancing deals, and affordable housing projects.
Retail was the top sector by transaction volume and delivered more than $162 million in closed loan value. Investor interest remained strong in necessity-based retail and grocery-anchored centers, reflecting the segment’s continued resilience.
The industrial sector accounted for approximately $66.3 million, representing 12% of the firm’s midyear financing activity. Financing efforts covered a mix of flex and cold storage properties in addition to traditional industrial assets.
“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 above: Sun Garden Retail Center in San Jose, for which Slatt Capital arranged a $19.7 million refinance.
