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Tuesday, September 22, 2026The Morning Brief →Sign in
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Western Securities

In PWD coverage since September 22, 2026 · 1 story
1Deals on our tracker
Deal recordFull tracker →
Sep 21, 26Deal announcedFannie Mae · Newmark · Bow River Capital · $53.9M — coverage
PWD coverage
debt

Bow River's Fannie loan is all coupon, no amortization

Five years of interest-only Fannie Mae debt pushes the entire $53.9 million to a 2031 refinance, which is where this trade actually gets decided.
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