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Alterra IOS Secures $400M Refinancing From Truist, KeyBank
Alterra IOS announced the closing of a $400 million refinancing led by Truist Financial Corp. and KeyBank, supporting the continued expansion of its growing industrial outdoor storage platform. Secured by a portfolio of 99 IOS properties spanning 27 states, the financing was executed utilizing an equity pledge…
Capital MarketsIndustrial & LogisticsAlternativesU.S. NationalUnited States
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BisnowNews
Tristan Lends Goldman And Edge JV £340M To Complete London Office
Tristan Capital Partners has provided £340M in senior real estate debt to a joint venture between Goldman Sachs Alternatives and Edge Technologies to refinance the existing construction facility and fund the remaining costs to complete Edge London Bridge. Edge...
Capital MarketsOfficeDebt & FinancingU.S. NationalLondon
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Trepp
The Data Behind “Project Kodak”: How CMBS Office Performance is Bifurcating
Office performance is increasingly separating along asset quality, market depth, and access to capital. Commercial mortgage-backed securities (CMBS) data shows a market that is no longer moving as one, with high-quality, well-located assets continuing to attract tenants and financing while weaker buildings face…
CMBSDebt & FinancingCapital MarketsU.S. NationalUnited States
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REBusiness OnlineNews
Northmarq Arranges Refinancing of 199-Unit Apartment Complex in Corpus Christi
CORPUS CHRISTI, TEXAS — Northmarq has arranged a loan of an undisclosed amount for the refinancing of the 199-unit Wood River Apartments in Corpus Christi. Built in 1983, Wood River Apartments offers one-, two- and three-bedroom units across 17 two-story buildings, as well as a pool and pet facilities. Cheryl…
Capital MarketsMultifamilyDebt & FinancingU.S. NationalTexas
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JLL Secures $332M to Refinance 76-Story Chicago Luxury MF Tower
JLL has secured a $275 million refinancing and a $57 million mezzanine financing for NEMA Chicago, a luxury multifamily tower and the city’s tallest all-rental residence. JLL represented the borrower, Crescent Heights, in facilitating the five-year, fixed-rate loan through New York Life Insurance Company. JLL also…
Capital MarketsMultifamilyDebt & FinancingU.S. NationalNew York
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Commercial ObserverNews
S3 Capital Provides $24M Construction Loan for Philly Apartments
S3 Capital provided a $24 million construction loan to Ampere Capital Group for a six-story, 109-unit mixed-use multifamily project with 14,500 square feet of retail space at 1640 North Hancock Street in Philadelphia's Fishtown neighborhood. The 122,804-square-foot development, designed by HDO Architecture and comprising studios, one- and two-bedroom apartments, is slated for completion in late 2027.
Capital MarketsMultifamilyDebt & FinancingU.S. NationalNew York
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Seniors Housing BusinessNews
MonticelloAM Adds Jason Liu as Deputy Chief Financial Officer
NEW YORK CITY — Seniors housing and multifamily bridge lending platform MonticelloAM has added Jason Liu to its accounting team as deputy chief financial officer. Liu will oversee investor and lender… The post MonticelloAM Adds Jason Liu as Deputy Chief Financial Officer appeared first on Seniors Housing Business . ]]>
Senior HousingMultifamilyDebt & FinancingNew YorkNew York
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REBusiness OnlineNews
JLL Secures $332M Refinancing for Luxury Multifamily Tower in Chicago
CHICAGO — JLL Capital Markets has secured a $275 million refinancing and a $57 million mezzanine financing for NEMA Chicago, a luxury multifamily tower. Standing 76 stories and 893 feet tall, the property is Chicago’s tallest rental tower, according to JLL. Located at 1210 S. Indiana Ave. along Grant Park, NEMA…
Capital MarketsMultifamilyDebt & FinancingU.S. NationalChicago
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Grover Corlew Lands Refi on 223K-SF Deerfield Beach Office Park
Grover Corlew has refinanced Hillsboro Center, a 223,716-square-foot office park in Deerfield Beach, Fla. A two-year, $30 million senior loan was originated by BankUnited and arranged by JLL Capital Markets. Commercial Search reports Grover Corlew acquired the two-building office park in 2019 for $32.5 million from…
Capital MarketsOfficeDebt & FinancingU.S. NationalFlorida
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RedfinNews
Mortgage Rates to Fall as Cooler-Than-Expected Inflation Report Lowers Odds of a July Fed Rate Hike
Takeaway: Rates will fall today after an unexpectedly soft CPI inflation reading that will keep the Fed from hiking at the July 29th meeting. Inflation data comes in much lower than forecasters expected. Overall headline inflation came in at -0.4% month-over-month (3.5% annual) in June due to energy price declines.…
HomebuildersEconomyDebt & FinancingU.S. NationalUnited States
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Multifamily & Affordable Housing BusinessNews
Berkadia Arranges $85.4M Refinancing Loan for Two Orlando Properties
ORLANDO, FLA. — Boston-based Taurus Investment Holdings has obtained an $85.4 million loan to refinance two Orlando-area assets, The Summit at Metrowest and The Legends at ChampionsGate. Matt Robbins, Mitch… The post Berkadia Arranges $85.4M Refinancing Loan for Two Orlando Properties appeared first on Multifamily…
MultifamilyAffordable HousingDebt & FinancingBostonMassachusetts
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Multifamily & Affordable Housing Business
Northmarq Arranges $22.9M for Affordable Housing Acquisition in Lawrence, Massachusetts
LAWRENCE, MASS. — Northmarq has arranged a Fannie Mae loan for approximately $22.9 million for Arrowpoint Properties’ acquisition of Elora Flats & Townhomes in Lawrence, 30 miles north of Boston. Northmarq’s… The post Northmarq Arranges $22.9M for Affordable Housing Acquisition in Lawrence, Massachusetts appeared…
MultifamilyAffordable HousingDebt & FinancingBostonMassachusetts
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Commercial ObserverNews
CBRE Adds Freddie Mac’s Robert Koontz to Lead Multifamily Debt Capital Markets
CBRE hired Robert Koontz, formerly head of multifamily capital markets at Freddie Mac where he spent 17 years, as head of multifamily debt capital markets effective July 6, 2026, to expand the brokerage's loan business and balance sheet strategies. According to CBRE's multifamily capital markets head, the company originated more than $30 billion in multifamily debt in 2025 with 2026 volume up 60 percent year-over-year.
Capital MarketsMultifamilyDebt & FinancingU.S. NationalNew York
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Commercial ObserverNews
JPMorgan Funnels $205M to Refi Blackstone’s East Hotel in Miami
JPMorgan Chase provided a $205 million refinancing loan for Blackstone's East Miami hotel, a 39-story, 352-room property in the Brickell district that Blackstone acquired for approximately $300 million in 2025. The property, completed in 2016 and located within the Brickell City Centre mixed-use complex, represents the first debt loaded onto the asset and marks the second major South Florida hotel refinancing JPMorgan has provided to Blackstone in recent months.
Capital MarketsHospitalityDebt & FinancingU.S. NationalNew York
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Trepp
CMBS Special Servicing Rate Climbs in June 2026, Led by Large Retail, Office, & Lodging Loans
Disclaimer: This is an excerpt from Trepp's June 2026 CMBS Special Servicing Report. To access the full report, click here. The Trepp commercial mortgage-backed securities (CMBS) special servicing rate increased by 34 basis points in June to 11.20%, reversing May's decline. Across property types, special servicing…
CMBSDebt & FinancingCapital MarketsU.S. NationalUnited States
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Commercial ObserverNews
Apollo Provides $71M Loan for Tribeca Luxury Condo Conversion
Apollo Global Management provided $71 million in construction financing to a joint venture of Broad Street Development and TPG Angelo Gordon for 139 Franklin Street, a Tribeca luxury condominium conversion project expected to deliver up to 18 units with three- to five-bedroom homes and private outdoor space. The developers acquired the former self-storage facility site for $43.5 million in 2025 and are marketing the boutique residential offering to luxury buyers in Manhattan's sought-after Tribeca neighborhood.
Capital MarketsDebt & FinancingMultifamilyU.S. NationalNew York
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REBusiness OnlineNews
Merchants Capital Arranges $10.8M in Financing for Affordable Housing Development in Kansas
LAWRENCE, KAN. — Merchants Capital has arranged $10.8 million in permanent financing for Floret Hill, a 121-unit affordable housing development in Lawrence. Merchants Capital secured a Freddie Mac Unfunded Forward TEL loan for the project. The capital stack also includes federal and state low-income housing tax…
Capital MarketsAffordable HousingDebt & FinancingU.S. NationalUnited States
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REBusiness OnlineNews
Concord Summit Capital Arranges $115.5M Construction Loan for Multifamily Development in Fort Collins, Colorado
FORT COLLINS, COLO. — Concord Summit Capital has arranged a $115.5 million construction loan for Collins at Union Park, an apartment community in northern Colorado. Daniel Eidson, Keegan Burger and Ben Applebaum of Concord Summit Capital secured the nonrecourse loan, which features an 88 percent loan-to-cost ratio,…
Capital MarketsMultifamilyDebt & FinancingU.S. NationalColorado
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