Bisnow: What a 4.6% Treasury Means for CRE Owners and Lenders

By Matt Wasielewski | Bisnow | May 21, 2026

As the 10-Year Treasury continues to climb, Parkview Financial CEO Paul Rahimian shared his perspective with Bisnow on what elevated rates mean for commercial real estate owners and lenders.

“The absolute mathematical ceiling for this recovery was 4.5%. Beyond that, the mountain of low-rate, pre-2022 vintage debt hitting maturity simply cannot be refinanced under standard terms.”

As the ten-year Treasury sits at 4.6%, lenders are increasingly exploring creative solutions as they continue to navigate a changing capital markets environment shaped by higher rates, tighter refinancing conditions, and shifting valuations.

The full article is available on Bisnow here