Landmark Textile Building Refinanced for $229M

Jul 20, 2026

Walker & Dunlop, Inc. arranged $228.9 million in financing to refinance 295 Fifth Ave., a newly redeveloped, 19-story Class A office tower in Manhattan’s Midtown South submarket. Better known as the Textile Building, the century-old landmark long served as a hub of New York City’s textile industry. Dustin Stolly,…

Capital Markets Office U.S. National New York New York

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JLL Secures $617M Financing for Grubb Properties Apartment Tower in Lower Manhattan

JLL’s M&A and Corporate Advisory, Corporate Banking Advisory and Debt & Equity Advisory teams collectively secured $617 million in financing for Link Apartments REIT and Link Apartments Opportunity Zone REIT. Both are Grubb Properties-managed REITs, along with Link Apartments 8 Carlisle, a 64-story, Class A…

Capital MarketsMultifamilyREITsU.S. National

Posted today·Published Jul 21, 2026Read

NRP Advancing 336-Unit Austin Affordable Housing Venture

The NRP Group announced the financial closing and groundbreaking of Catalina, a 336-unit affordable housing community in Travis County near Austin, Texas. Developed in partnership with the Housing Authority of Travis County (HATC), the community will provide affordable housing for families and working professionals…

Capital MarketsAffordable HousingU.S. NationalTexas

via Connect CRE·Posted today·Published Jul 21, 2026Read

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KKR, AEW Seek Exits from Chinese Commercial Property Holdings

KKR and AEW Capital Management seek to sell commercial property holdings in China as global investors continue to retreat from the country’s prolonged real estate downturn, Bloomberg News reported. KKR is marketing nine properties across China, including a high-end apartment complex in suburban Beijing and a hotel…

Capital MarketsMultifamilyHospitalityU.S. NationalBeijing

Posted today·Published Jul 21, 2026Read

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PCCP Provides $51.8 Million Refi of Gilbert 236-Unit Multifamily Community

PCCP has provided a $51.8 million senior loan to a joint venture between Phoenix Capital Management and P.B. Bell for the refinance of Everly at Morrison Ranch, located at 4353 E. Elliot Road in Gilbert. Built in 2025, the 236-unit Class A garden-style multifamily community is 97% leased and is within Morrison…

Capital MarketsMultifamilyDebt & FinancingU.S. NationalPhoenix

Posted today·Published Jul 21, 2026Read

CBRE Arranges Sale of a 134K-SF Grocery-Anchored Retail Center in PA

CBRE has arranged the sale of Shops at Crossroads, a 133,717-square-foot grocery-anchored shopping center located at 3560 Route 611 in Bartonsville, Pennsylvania. Chris Munley, Colin Behr, Ryan Sciullo, and Casey Smith of CBRE’s National Retail Partners team represented the buyer and the seller in the transaction.…

Capital MarketsRetailU.S. NationalPennsylvania

via Connect CRE·Posted today·Published Jul 21, 2026Read

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Pearlmark Closes $24M Debt Investment for Fulton Market Office Building

Pearlmark announced that it closed on a $24.2 million debt investment for the acquisition of 1201 W Lake Street, a seven-story, 141,771 square foot office building located in Chicago, Illinois. The investment was originated and structured on behalf of Pearlmark Realty Senior Mortgage Partners I, L.P. The property…

Capital MarketsOfficeDebt & FinancingU.S. NationalChicago

Posted today·Published Jul 21, 2026Read

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