Mid-2025: Rate Cuts, Liquidity Returning, and What It Means for Borrowers

By July 2025, early signs of renewed liquidity are visible in the commercial debt markets. Securitized and agency lending volumes are improving, private credit continues to grow, and some investors are positioning for a more active transaction environment as rate cuts begin to work through the system. That doesn’t erase all challenges—office distress, regional bank caution, and debt-maturity pressures are still part of the story—but it does mean borrowers with strong assets and plans have more options than they did a year or two ago. CRELoans.us is helping sponsors use this window strategically: refinancing expensive stopgap debt, locking in more sustainable structures, and lining up capital to pursue deals that finally clear the bid-ask gap.