What happened, and who moved.
Starwood Property Trust’s stock tanked hours after the firm reported its second-quarter earnings, dropping 4 percent in one morning, as the firm reported major declines in net income. Starwood’s stock currently trades at $15.55 per share, down 6 percent from where it traded one month ago and down nearly 20 percent…
JLL Capital Markets arranges loan for value-add multifamily asset with direct Blue Line access & ocean views in Boston’s fastest-growing coastal submarket
Provident Bank provides loan for Shadowbrook Capital’s three-story self-storage project in Bergen County, New Jersey
S2 Capital’s Scott Everett already has $400 million in apartment foreclosures. Now, lenders are suing him for what they claim he owes. Capital One is seeking a $11.5 million judgment against Everett after he defaulted on an $85.2 million loan from the bank, according to an Aug. 4 filing in New York Supreme Court.…
Timberlane Partners has secured $52 million to refinance Sumner Mill Apartments, a 162-unit multifamily community outside of Seattle and Tacoma, Wash., Commercial Observer can first report. Mesa West provided the debt, structured as a short-term, first-mortgage loan, while BWE’s Jake Roberts arranged the…
Eldridge Capital Management announced a $278 million loan to refinance Ten Twenty Spring, an office building in Atlanta, owned by Portman and funds affiliated with Blackstone Real Estate. Eldridge has backed the property since construction. It was delivered in December, 2024. Across 25 stories, Ten Twenty Spring…
The United Group of Companies closed on a $52 million loan to refinance Alloro at University Groves, a 55+ apartment community at 3540 Broadway Ave, in Sarasota, Florida. A Walker & Dunlop Capital Markets Real Estate Finance team led by Walker Layne, Matthew Wallach, Stephen West, Austin Sneed, and Tyler Evenson…
NEW YORK CITY — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged $131.5 million in construction financing for a student housing development in the Washington Heights neighborhood of Upper Manhattan. The 28-story building at 465 W. 165th St. will offer 276 fully furnished units…
KANSAS CITY, MO. — Gantry has secured a $30.5 million permanent loan to refinance maturing debt for a 603,000-square-foot warehouse located in the Skyport Industrial Center in Kansas City’s Northland submarket. The multi-tenant facility underwent a full renovation in 2023 and is now fully leased. The building…
Pensioenuitvoeringsorganisatie PGGM krijgt via een overeenkomst met mBank blootstelling aan een portefeuille van 1,1 miljard euro aan leningen voor commercieel vastgoed in Polen. De pensioenuitvoerder investeert namens pensioenfonds PFZW in 80 procent van de uitstaande risicopositie.
NEW YORK CITY — Walker & Dunlop has arranged a $137.5 million refinancing loan for 12 Halsey, a 240-unit mixed-income development in the Bedford-Stuyvesant neighborhood of Brooklyn. EJS Group and… The post EJS, Hope Street Secure $137.5M ReFi for Brooklyn Development appeared first on Multifamily & Affordable…
Merger Would Consolidate Two Transitional CRE Lenders Focused on the Southern U.S. Into a Single Public Company
CIC has rehabbed nearly 70,000 units through roughly 2,800 loans totaling $1.8B since 1984.
Clara Homes landed a $101.5 million refinancing for the first two phases of a luxury multifamily development in Bay Harbour Islands. Hudson Bay Capital provided the loan for the project at 10281 West Bay Harbor Drive and 1147-1155 100th Street, which is a part of the three-phase Clara Bay Harbour apartment…
Lightstone Capital, Lightstone’s real estate debt platform, recently closed three originations totaling $70 million across California and Texas. The financings include two multifamily communities in the San Diego region and an industrial property in the greater Houston logistics corridor. In California, Lightstone…
Zenith Industrial Outdoor Storage, a vertically integrated industrial outdoor storage investment platform, in partnership with institutional investors advised by J.P. Morgan Asset Management, has closed on a $215-million senior secured credit facility with an accordion feature allowing for total commitments up to…
Krea USA nabbed a $61.8 million construction loan for a multifamily development in Lauderhill, Fla., property records show. The financing from Abanca Bank covers the 385-unit Le Parc at Lauderhill development, at 3831 Northwest 13th Street, just east of the Lauderhill Mall and North State Road 7. The 10-acre…
JLL facilitates loan for mixed-use development featuring Sprouts Farmers Market and age-restricted luxury rental units
The site was acquired from Two Roads Development and Newgard Development Group.
A historic New York City hotel has received a new round of debt financing. Kensico Properties has secured $106 million to refinance the Lowell Hotel, a 17-story, 74-key luxury boutique hotel on Manhattan’s Upper East that the firm purchased and redeveloped in 1984, Commercial Observer can first report. Blue Owl…
Summa Terra Ventures and M13 Construction obtained a $50 million construction loan for Vic Centre Apartments, a 268-unit Class A multifamily community in Fort Worth. Concord Summit Managing Director David Larson and Director Keegan Burger arranged the financing on behalf of the project sponsor. The financing was…
Zenith IOS, JPMAM Seal $215M Credit Facility With KeyBank, Truist As the industrial outdoor storage space continues to gain momentum, some key players are celebrating the next phase of their partnership with a fresh round of financing. Zenith Industrial Outdoor Storage and J.P. Morgan Asset Management (JPMAM) just…
Brook Farm Group refinanced The Sinclair at Callaway Farm, a 388-unit, Class A multifamily community in Covington, Georgia. The $73 million refinancing from Prime Finance replaces the initial construction loan and preferred equity investment from the project’s inception in 2023. The refinancing was facilitated by…
Life insurance company provides loan for fully leased 124,720-square-foot manufacturing facility in Raritan Center
ALBERT LEA, MINN. — Marcus & Millichap Capital Corp. (MMCC) has secured a $4.8 million loan for the acquisition of a 127,869-square-foot industrial property located at 1851 Margaretha Ave. in southern Minnesota’s Albert Lea. Michael Hughes of MMCC arranged the five-year loan with a national bank on behalf of the…
JLL and Sterling Bay announced a $213 million refinancing for 360 North Green, a newly constructed, 500,000-square-foot office tower in Chicago, Illinois. JLL worked on behalf of the borrower, institutional investors advised by J.P. Morgan Asset Management and Sterling Bay, to secure the three-year loan from…
A 322,560-square-foot warehouse on Shideler Parkway in Lathrop is the lone California asset in an eight-building national portfolio just recapitalized with $213 million in cross-collateralized debt from PGIM Real Estate, landing in a Central Valley market where vacancy has started to fall and quarterly leasing…
The credit facility is the second such deal struck between the Qatari data center developer and bank
IRVINE, Calif., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Linkhome Holdings Inc. (NASDAQ: LHAI) ("Linkhome," the "Company"), a technology-driven real estate and financial technology company, today announced the official rebranding of its wholly owned mortgage business from Mortgage One Group to Linkhome Lending, marking a…
Vonovia-CEO Luka Mucic ist mit der operativen Entwicklung des Wohnkonzerns im ersten Halbjahr zufrieden. Sein Finanzvorstand muss unterdessen steigende Refinanzierungskosten managen.
Citadel also agreed to lease 1M SF in the tower, up from its previously announced 850K SF footprint.
The problem of developers carrying too much completed unsold inventory is not only being seen in the condo market. A townhouse project in Toronto was recently placed under creditor protection, according to filings in Ontario Superior Court. At 1648 Victoria Park Avenue in North York, a few blocks away from the…
Even as lenders have gotten back into the market for commercial real estate debt sources, they remain choosy and stringent. At the upcoming Texas Multifamily 2026 in-person event set for August 13 in Dallas, a panel of lending experts will provide conference attendees with insiders’ perspectives on how deals are…
Talonvest Capital secured a $47.6 million permanent loan on behalf of The Jenkins Organization and Clark Investment Group for a six-property self-storage portfolio located across five high-growth Texas markets, including Austin, McKinney, Frisco, Houston (shown) and Bee Cave. The institutional-quality portfolio…
Urban Standard Capital has deepened its relationship with a major Arizona bank. Commercial Observer can first report that Urban Standard Capital has increased its aggregate financing capacity for transitional commercial real estate loans with Western Alliance Bank — a Phoenix-based regional bank with $90 billion of…
NEW YORK CITY — Walker & Dunlop has arranged a $137.5 million loan for 12 Halsey, 240-unit apartment building in Brooklyn’s Bedford-Stuyvesant neighborhood. Completed last fall, 12 Halsey occupies a full city block and offers studio, one- and two-bedroom units, 30 percent of which are reserved as affordable…
The Richman Group closed on $225 million in permanent financing across three fully stabilized Florida luxury multifamily communities–each in excess of their original construction loans. The refinancing deals, totaling $107 million for The Marc in Palm Beach Gardens, $72.5 million for Everly in Naples, and $45.5…
MESA, ARIZ. — Geringer Capital has sold Avia 266, a 267-unit apartment community in Mesa, to San Diego-based ColRich for $52.4 million, including the assumption of an existing HUD loan. ColRich will rename the property The Remy. Matt Pesch, Asher Gunter and Austin Groen of CBRE represented the seller in the deal.…
MONROE, N.C. — Regions Real Estate Capital Markets has originated a $64.3 million Freddie Mac loan for the refinancing of Elevate Rocky River, a 360-unit apartment community in Monroe, about 28 miles southeast of Charlotte. Andrew Buckley was Region’s loan originator on behalf of the borrower, Greensboro,…
WESTFIELD, IND. — Northmarq has arranged debt and equity capital totaling $52.1 million for Maple Knoll Apartments, a 300-unit, garden-style community in Westfield. Annamarie Bjorklund and Cody Field of Northmarq arranged the financing on behalf of the borrower, Hudson Investing, through a repeat equity partnership…
GREENWICH, CONN. — The Richman Group, a multifamily owner and operator based in Greenwich, has obtained loans for the refinancing of three luxury apartment communities in Florida totaling approximately $225 million. The deals include a $107 million loan via New York Life Investment Management (NYLIM) for The Marc…
CHICAGO — JLL Capital Markets has secured a $213 million refinancing for 360 North Green, a 500,000-square-foot office tower in Chicago’s Fulton Market. Lucas Borges, Geoff Goldstein, Danny Kaufman, Kelly Gaines, Emma Berner and Ryan Planek of JLL secured the three-year loan through Barings on behalf of the…
Mike Kohan is under scrutiny for his use of funds tied to Chicago office skyscraper purchases. The mall landlord magnate, who has recently turned his attention to the Windy City’s depressed office market as a persistent buyer, allegedly diverted millions in bond proceeds to cover debts on his personal assets,…
Martin Inderman’s Abilene multifamily project could help ease the city’s AI boom-fueled housing crisis. The Lubbock-based developer secured a $66 million construction loan to build The Lariat at Abilene, a 312-unit complex to be built at a 13-acre development site on McKinley Drive, Traded first reported. Dwight…
WESTFIELD, IND. — Locally based Hudson Investing has obtained financing to acquire Maple Knoll Apartments, a 300-unit community in the Indianapolis suburb of Westfield. Northmarq’s Annamarie Bjorklund and Cody Field… The post Hudson Investing Secures $52.1M in Debt and Equity to Acquire Metro Indianapolis Asset…
HUG tightened credit terms to recall loans in full when street-unit redevelopment falls 25 percentage points behind schedule, raising concerns over housing supply delays.
Discover Mavik Capital's strategies and opportunities amidst market volatility and $875B in CRE loan maturities this year.
Bangkok's condominium market is on course for another record-low year for new supply launches as developers continue delaying investment amid weak purchasing power, high mortgage rejection rates and subdued foreign demand.
BFC Partners and SAA Canopy Group have closed on a $269-million construction loan to transform the long-standing Parkside Commons housing complex on Syracuse’s East Side. The project will deliver a total of 393 affordable apartments through a combination of renovated and newly constructed housing. “Our mission at…
Brooklyn-based Terra Developers has made a $28 million residential redevelopment play for 500 Columbus Avenue on Manhattan’s Upper West Side. The 35,300-square-foot mixed-use building was sold to Terra by longtime owner CKMR Corporation, formerly Sloan’s Supermarkets, according to property records filed Friday. The…
Investors face $80M losses as a 3,500-unit NYC rent-stabilized portfolio struggles.
Northmarq’s Debt and Equity team, led by Annamarie Bjorklund and Cody Field, arranged $52.15 million in debt and equity capital for Maple Knoll Apartments, a 300-unit garden-style multifamily community at 500 Bigleaf Maple Way in Westfield, Indiana. Northmarq arranged the debt and equity on behalf of the borrower,…
LMXD and BedRock Real Estate Partners have closed on a $250 million loan to facilitate the purchase and construction of a housing development in Astoria, Queens, Commercial Observer has learned. The financing from New York Life Investment Management gets the wheels turning on the development of 560 mixed-income…
An iconic office complex in the City of Bridges has hit a dead end. The $92 million commercial mortgage-backed securities (CMBS) loan secured by Gateway Center, an iconic office complex in Downtown Pittsburgh, has liquidated via a note sale, resulting in a $64.8 million loss to the CMBS trust, according to an alert…
CBRE has arranged an $85 million loan for Mi-Place at Downingtown, a newly developed 318-unit multifamily community located at 800 Horseshoe Pike in Downingtown, Pennsylvania. Matthew Klauer and Cassandra Russell of CBRE Capital Markets’ Debt & Structured Finance team in Philadelphia arranged the financing on…
Blackstone Mortgage Trust launches sale of San Francisco's 686-key Hyatt Regency SoMa as part of a broader portfolio overhaul. The post Blackstone Mortgage Trust Lists 686-Key Hyatt Regency SoMa in San Francisco as Part of Portfolio Overhaul appeared first on The Registry Northern California Real Estate .
PROPERTY market analysts said the government’s decision to raise the Home Development Mutual Fund (Pag-IBIG Fund) housing loan ceiling to P10 million is expected to expand the pool of homebuyers in the mid-market residential segment, although sustained growth will depend on developer pricing, transport…
Get your syndicator bingo card out for Tuesday’s foreclosure auctions. At least six multifamily syndication firms could lose control of apartment properties at this month’s sales, including S2 Capital, Nitya Capital, GVA Management and Lurin Capital. The value of syndicators’ troubled loans is just under $600…
JPMorganChase said Monday it intends to deploy more than $750 billion through 2035 to increase housing supply and support homeownership across the U.S. The nearly 40% increase over the firm’s housing capital deployment in the past decade will include financing for one million affordable housing units and lending to…
Owners of Seoul's ultra-high-end homes worth over 5 billion won see no reason to sell despite Korea's real estate tax reform, betting on holding out amid loan restrictions.