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SCALE Lending Provides $245M Loan for First Phase of Upland Park Apartments in MiamiMIAMI — SCALE Lending, the debt financing arm of Slate Property Group, has provided a $245 million bridge loan for Phase IA of Upland Park, a $1 billion mixed-use development underway on 47 acres in Miami’s Sweetwater neighborhood.
Jamestown Closes on Refis for Two Sandy Springs Retail CentersJamestown received a $72 million floating-rate loan from accounts managed by KKR to refinance Parkside Shops and Hammond Exchange in Sandy Springs. Cushman & Wakefield arranged the loan.
Canyon Partners, J.P. Morgan Provide $74.7M Construction Loan for Inland Empire Townhome ProjectRIVERSIDE, CALIF. — Canyon Partners and J.P. Morgan have provided a $74.7 million senior construction loan for a townhome rental project in Riverside’s Mission Grove neighborhood.
Gatsby Florida Inks $118.6M Construction Loan for Palm Beach Gardens Offices, RetailBerkadia arranged a $118.6 million loan on behalf of Gatsby Florida for the construction of The Palm, Palm Beach Gardens.
Trepp’s Stephen Buschbom and Andy Boettcher On a Very Busy 2026 for CMBSThe commercial mortgage-backed securities (CMBS) market is on track to exceed issuance expectations in 2026, with single-asset, single-borrower (SASB) deals driving the reassessment.
The New 21st Century ROAD to Housing Act Has a Lot of Financing RunwayIt’s often said that home is where the heart is. But, in America today, buying a home has become increasingly associated with stress, frustration and widespread economic anxiety as the country finds itself mired in a generational supply crisis. J.P.
Commercial Real Estate Returns to Top of Investor Preference SurveySitusAMC is a commercial real estate services company that helps lenders and investors originate, transact, manage and value real estate assets throughout the full life cycle of a loan or property.
CedarSt Lands $80M for San Diego Multifamily ProjectCedarSt Companies has secured $80 million in construction financing for a 197-unit apartment development in San Diego’s North Park neighborhood.
Terra Nabs $245M Permanent Loan for 47-acre Project in Miami-DadeTerra has secured a $245 million permanent loan for the first phase of a 47-acre transit-oriented development near the edge of Miami-Dade County, the Miami-based development firm announced.
Dwight Mortgage Trust Provides $70M Loan for Newark MultifamilyDwight Mortgage Trust, the REIT affiliate of Dwight Capital, has provided a $70 million loan for Cosmo 440, a recently renovated, 216-unit multifamily tower in the Weequahic neighborhood of Newark, NJ. The borrower is an entity sponsored by Yisroel Berger.
Citadel Credit Union Provides $50M Refi on Philly Office TowerA joint venture between CSB Holdings and Tide Realty Capital has sealed a $50 million loan to refinance a newly acquired Philadelphia office tower, Commercial Observer has learned.
CyrusOne Data Center Contributes To $4.6B Of New DistressFour asset classes report $4.6B in new distress, with CyrusOne's data center adding to the rise in distressed commercial loans.
Gatsby Florida Lands $119M Loan to Build Spec Palm Beach Gardens OfficeDevelopment and investment firm Gatsby Florida has secured a $118.6 million loan from Cirrus Real Estate Partners to build a speculative luxury office complex in Palm Beach Gardens, Fla., Commercial Observer has learned.
Peachtree Refis AJ Capital’s Graduate by Hilton Nashville Hotel With $63M LoanAJ Capital Partners has landed a $62.5 million loan to refinance its Graduate by Hilton Nashville hotel property as it seeks to capture more market share in Music City, Commercial Observer has learned.
Knighthead Funding Provides $32M Loan for Refinancing of Metro Chicago Apartment CommunityGLENVIEW, ILL. — Knighthead Funding has provided a $32 million loan for the refinancing of Cerca, a newly constructed multifamily community in Glenview. The loan refinances a previous construction facility and provides proceeds to pay off the property’s preferred equity investor.
Representative imageCBRE Arranges $11M Refinancing for Grandview Square Office Building in Edina, MinnesotaEDINA, MINN. — CBRE has arranged $11 million in refinancing for Grandview Square, a 98,561-square-foot office building in Edina.
Priority Capital Advisory Arranges $13.6M Bridge Loan for Refinancing of Los Angeles Multifamily PropertyLOS ANGELES — Priority Capital Advisory has arranged a $13.6 million bridge loan for the refinancing of a student housing and multifamily property located at 8833 Reading Ave. in Los Angeles’ Westchester neighborhood.
Affinius Capital Provides Loan for Refinancing of 594-Unit Apartment Community in Fort WorthFORT WORTH, TEXAS — New York City-based Affinius Capital has provided a loan of an undisclosed amount for the refinancing of Marlowe Wellington, a 594-unit, garden-style apartment community in Fort Worth.
Representative imageTyko Capital Lends $322M on Integra Investment’s West Palm Beach Marina ProjectShip ahoy! Adi Chugh’s Tyko Capital has docked money in West Palm Beach waters for Integra Investment’s new marina project.
Representative imageCommercial Mortgage-Backed Securities Distress Is Peaking — AgainDiscussions around distress that have dominated the commercial mortgage-backed securities (CMBS) market have taken a turn for the worse, with data points shifting in the same unfavorable direction for months.