Societe Generale CMBS loans: recent loans, sizes and rates

What Societe Generale's CMBS lending looks like

• Loan size close to the market: a median of $13.4M against $15M market-wide.
• Rates above the market once property type is accounted for: about 8 basis points over the market median for the same property types, loan-weighted. Timing matters too: a lender that closed more loans when Treasury yields were lower will show lower rates.
• More amortization than most: 71% of its loans were interest-only for the full term, against 87% market-wide.
• More 10-year loans than the market: 43% of its loans had a ten-year term, against 21% of all CMBS loans in the period.
• Concentrated in multifamily: 62% of its loans.
• Less active than a year earlier: 21 loans in the latest 12 months against 44 in the 12 months before.

Societe Generale against the CMBS market

Measure	Societe Generale	CMBS market
Median loan	$13.4M	$15M
Median note rate	6.46%	6.40%
Middle half of rates	6.32% to 6.73%
Median loan-to-value	64.1%	63.9%
Median debt service coverage	1.35x	1.47x
Median debt yield	10.1%	10.1%
Interest-only for the full term	71%	87%
Five-year term	57%	79%
Ten-year term	43%	21%

Societe Generale: its loans in the 12 months to October 19, 2026. Market: every loan securitized in the 12 months to October 19, 2026 except co-op housing (958 loans). Loan-to-value, coverage and debt yield are at securitization and use whole loans only, since a split note holds only part of the debt. See DSCR and debt yield.

Property types Societe Generale financed

Property type	Loans	Volume	Median rate	Market, same type
Multifamily	13	$182M	6.43%	6.35% (+8 bp)
Retail	3	$136M
Industrial	3	$51.6M
Office	1	$147M
Mixed use	1	$310M

Median rates shown where Societe Generale made at least five loans of the type. Market medians are for the 12 months to October 19, 2026.

Loan sizes and terms

Smallest loan $4.6M, largest $310M. 71% were interest-only for the whole term. What those terms mean for a borrower: CMBS loan terms and interest-only CMBS loans.

Where Societe Generale lends

Most frequent states for its loans in the 12 months to October 19, 2026:

• NY 5
• WI 4
• FL 3
• OH 3
• TN 2
• NJ 2
• CT 1
• VA 1

Portfolio loans count once, at the state of the largest property. CMBS loans by state.

Societe Generale loans securitized each quarter

Quarter ending	Loans	Chart
Jan 20, 2025	17
Apr 21, 2025	12
Jul 21, 2025	12
Oct 20, 2025	3
Jan 19, 2026	8
Apr 20, 2026	3
Jul 20, 2026	4
Oct 19, 2026	6

Eight 91-day periods ending October 19, 2026, by origination date. Loans reach the filings when their trust prices, so the latest quarter fills in over the following months.

How Societe Generale appears in the SEC filings

Trusts name the originator in their own words. These are the versions of the name on Societe Generale loans in the 24 months to October 19, 2026, with the number of notes filed under each, including loans made jointly with other lenders. 26 trusts hold these loans; the most were in BBCMS Mortgage Trust 2025-C32 (6).

• Societe Generale Financial Corporation 39
• SGFC 22
• Société Générale Financial Corporation 11
• DBR Investments Co. Limited, Societe Generale Financial Corporation 3
• Societe Generale Financial Corporation, 3650 Capital SCF LOE I(A), LLC 1
• Barclays Capital Real Estate Inc., Societe Generale Financial Corporation, Citi Real Estate Funding Inc. 1
• JPMorgan Chase Bank, National Association, Deutsche Bank AG, NY, Goldman Sachs Bank USA, Societe Generale Financial Corporation 1
• Societe Generale Financial Corporation; 3650 Capital SCF LOE I(A), LLC 1
• Barclays Capital Real Estate Inc., Societe Generale Financial Corporation 1
• JPMCB/SGFC/GSBI 1

Societe Generale's own website: societegenerale.com. Bank programs, contacts and terms are theirs to state; this page reports only what the filings show.

Getting a CMBS loan like these

Janover Capital LLC is a commercial mortgage advisor, not a lender, and has no affiliation with Societe Generale. Nothing here means Societe Generale will make a particular loan or offer a particular rate. What the filings do show is the kind of loan it has been closing. If your property and loan size look like the ones above, send the deal and we will place it with conduit lenders whose recent loans fit, which may or may not include Societe Generale. Before you do, read CMBS loan requirements and the document checklist.

Similar CMBS lenders

Closest in property mix:

• Natixis: 34 loans, median $17.9M at 6.29%
• AxLender: 25 loans, median $9.6M at 6.51%
• Benefit Street Partners (BSPRT): 12 loans, median $26.1M at 6.59%
• MF1 Capital: 14 loans, median $42.1M at 5.71%

All CMBS lenders, ranked · CMBS loan rates · Methodology

Questions people ask

How big are Societe Generale's CMBS loans?

In the 12 months to October 19, 2026, Societe Generale securitized loans from $4.6M to $310M, with a median of $13.4M. 33% were under $10 million. A loan split into notes across trusts counts once, at its full amount.

What interest rate does Societe Generale charge on a CMBS loan?

Its loans in the 12 months to October 19, 2026 carried a median note rate of 6.46%, with the middle half between 6.32% and 6.73%. Those are rates at closing as filed with the SEC, not a quote: a new loan is priced off today's Treasury yield and the property.

What properties does Societe Generale finance with CMBS loans?

Multifamily (13 loans), Retail (3 loans), Industrial (3 loans), Office (1 loan), and others, in the 12 months to October 19, 2026. Its most frequent state was NY (5 loans).

Who services a Societe Generale CMBS loan?

Not the originator, usually. Once a loan is in a trust, the master servicer named in that trust's pooling and servicing agreement collects payments and handles routine requests, and the special servicer takes over if the loan gets into trouble. Look up a loan by property or trust to see both.