Cross River Bank Executes $288.48M CMBS Loan Sale For 59 Performing Commercial Mortgage Loans

The transaction involves a CMBS loan sale executed by Cross River Bank, which includes a portfolio of 59 performing commercial mortgage loans. This portfolio focuses on seasoned, community bank-originated loans concentrated in the Tri-state area and carries a total transaction value of $288,484,105. It is significant as the first of its kind for Cross River and only the second CMBS securitization backed by community bank-originated loans.

Summary of transaction details:

• Property Type: CMBS Portfolio – Mixed CRE Collateral
• Transaction Amount: $288,484,105
• Loan Count: 59 Loans
• Seller: Shimon Eisikowicz & Bhavik Khatri – Cross River Bank
• Date of Transaction: 12/02/2025
• Markets: New York, New Jersey & Connecticut

This transaction underscores Cross River Bank’s strategy to actively manage its commercial real estate balance sheet while capitalizing on secondary loan market opportunities. The loan originator for this deal is Cross River’s CBG (Commercial Banking Group), which plays a crucial role in facilitating access to high-quality commercial real estate credit for institutional investors.