CommLoan Plans Public Listing, Lands $195M Kali Hotel Loan With AI

1 articles · Updated · Bisnow · Jul 20

$195 million: CommLoan helped place financing for the Kali Hotel in Inglewood at a 6.3% rate, far below prior quotes of 10.5% or more and cutting roughly $850,000 in annual interest costs.
Later this year, the company plans to go public through a reverse merger with Windtree Therapeutics, using its AI-driven marketplace to match borrowers, brokers and lenders rather than replace brokers.
More than 1,000 lenders are on CommLoan's network, and the platform facilitated about $650 million of loans last year; it says 2026 volume is on pace to double.
The pitch targets middle-market commercial real estate loans of $5 million to $100 million, a fragmented segment CommLoan says makes up about 40% of annual CRE lending.
The expansion comes as the Mortgage Bankers Association forecasts 2026 commercial and multifamily mortgage originations will rise 27% to $805.5 billion, drawing more AI-focused platforms into the space.