CRE SOFR Spreads Dashboard

Industrial

Risk Profile	Spread (bps)	Notes
Core/Stabilized	175-250	Life Companies
Core/Stabilized	225-300	Banks
Value-Add	350-450	Bridge Financing
Opportunistic	400-500	Higher leverage/Development

Multifamily

Risk Profile	Spread (bps)	Notes
Core/Stabilized	200-275	Agency/Life Companies
Core/Stabilized	250-325	Banks
Value-Add	375-500	Bridge/Renovation
Opportunistic	450-600	Heavy Rehab/Development

Office

Risk Profile	Spread (bps)	Notes
Core/Stabilized	250-350	Trophy/Class A
Core/Stabilized	300-400	Class B
Value-Add	400-550	Repositioning
Opportunistic	500-700	Distressed/Heavy Renovation

Retail

Risk Profile	Spread (bps)	Notes
Core/Stabilized	225-325	Grocery-Anchored
Core/Stabilized	275-375	Power Centers
Value-Add	375-525	Repositioning
Opportunistic	450-650	Mall Conversion/Redevelopment

Key Factors Affecting Spreads:

Sponsor experience and track record
Market location (primary vs. secondary/tertiary)
Property quality and characteristics
Leverage levels (LTV/LTC)
Tenant credit quality and lease terms
Current market conditions and liquidity

Note: Spreads are indicative and subject to change based on market conditions and specific deal characteristics.