Rates & lending news – page 30

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LendingPrime Finance Refis Denver-Area Apartments With $46M LoanJul 2, 2026A joint venture between Oak Coast Properties and BMC Investments has sealed a $46.25 million loan to refinance a multifamily asset in suburban Denver, Commercial Observer has learned Prime Finance supplied the floating-rate loan on the 388-unit Aspen Park property in Northglenn,…LendingLCOR Lands $193M for Miami Rental TowerJul 2, 2026LCOR has scored a $192.5 million construction loan for a multifamily tower along Biscayne Boulevard near Miami’s Edgewater neighborhood, property records show.LendingCore Spaces Advancing 2,201-Bed Texas A&M Student Housing VentureJul 2, 2026Core Spaces (Core) broke ground on Hub College Station, a $130 million student housing community located in the heart of the Northgate District just steps from Texas A&M University. Financing was provided by Pacific Life. Construction is led by Treehouse Construction.LendingIndustrialAllianceBernstein Lends $75M to Expand Long Island Industrial Business ParkJul 2, 2026Rechler Equity Partners has sealed a $75 million development facility to expand a master-planned logistics project on Long Island, Commercial Observer has learned.LendingLCOR Inks $192.5M Construction Loan for Biscayne Bay ApartmentsJul 2, 2026LCOR has begun work on Edgewater-area apartments after securing a $192.5 million construction loan. Natixis provided the loan to LCOR. It covers the 1.08-acre site at 1775 Biscayne Blvd. Coastal Construction started work on the project.LendingGantry Arranges $15.4M in Financing for Two Retail Properties in Monterey Bay RegionJul 2, 2026SALINAS AND CAPITOLA, CALIF. — Gantry has arranged $15.4 million in permanent loans to refinance two separately owned neighborhood retail properties located at different ends of the Monterey Bay region.LendingMortgage Lenders Scramble To Prove They're Policing Their Own AIJul 2, 2026On its path to ubiquity, artificial intelligence has seeped into mortgage lending. Regulators are racing to catch up.The same forces in the tech world that created the “move fast and break things” ethos are driving AI’s adoption today. With no overarching...LendingGantry Arranges $32.5M Permanent Loan for Kansas City Multifamily PropertyJul 2, 2026KANSAS CITY, MO. — Gantry has arranged a $32.5 million permanent loan as construction takeout financing for the Edison at Tiffany Springs, a multifamily community delivered in 2022 in Kansas City’s Tiffany Springs/Northland area.LendingSegro Agrees £3B JV With PSP: The London Deal SheetJul 2, 2026The Deal Sheet is a weekly compilation of Greater London and beyond's biggest leases, sales, financing deals, construction updates and personnel moves. Have news you’d like to submit? Email mark.faithfull@bisnow.com. Segro has agreed heads of terms...LendingRetail, Multifamily CMBS Delinquencies Rise in June as Overall Rate Moves LowerJul 1, 2026The Trepp CMBS Delinquency Rate decreased by 20 basis points to 7.35% in June 2026, led by a large lodging cure. However, three of the five major property types saw increases in their delinquency rates during the month, while two moved lower.LendingReturn to Lender: Week of July 2, 2026Jul 1, 2026The post Return to Lender: Week of July 2, 2026 appeared first on Connect CRE.LendingSlatt Capital Arranges Acquisition Financing for Home2 Suites in ArkansasJul 1, 2026Slatt Capital arranged a $9.49 million acquisition loan for the Home2 Suites, a 90-room hospitality property located in Fort Smith, Arkansas. Built in 2016, the property was financed on a three-year term with a 25-year amortization schedule and an 18-month interest-only period.LendingGroceryNorthmarq Arranges Life Company Loan on Grocery-Anchored Long Island RetailJul 1, 2026Northmarq’s New York Metro Debt + Equity team, led by Robert Delitsky and Dylan Hamer, arranged a $13.5-million financing for Strathmore Commons Shopping Mall, a 146,381-square-foot grocery-anchored retail center located in Middle Island, NY, within Long Island’s Suffolk County.LendingMore CRE Pros Are Splitting Time Between NYC And Miami. Here's How They Make It WorkJul 1, 2026It’s 4:15 a.m. when the alarm goes off in Stephen Palmese’s New York apartment. About once a week, his workday begins just like this — waking up before sunrise to start a 21-hour whirlwind of travel.LendingOfficeObra Supplies $31M Refi on Arizona Northrop Grumman-Leased Office PropertyJul 1, 2026Silver Creek Development has secured $31.4 million of bridge debt to refinance a single-tenant office complex in suburban Phoenix, Commercial Observer has learned Obra Real Estate provided the loan for the developer’s 2021-built office property at 1715 West Elliot Road in…LendingNorthmarq Secures $13.7M Bridge Loan for Innerbelt Business Center in Metro St. LouisJul 1, 2026OVERLAND, MO. — Northmarq has secured $13.7 million in acquisition financing for Innerbelt Business Center, a 191,925-square-foot flex/showroom property in Overland near St. Louis.Representative imageLendingBernard Financial Group Arranges $7M Loan for Refinancing of Ohio Multifamily PropertyJul 1, 2026KETTERING, OHIO — Bernard Financial Group has arranged a $7 million permanent loan for the refinancing of a 250-unit multifamily property in Kettering, an inner suburb of Dayton.LendingCiti Lends $45M on Luxury East Village MultifamilyJun 30, 2026JLL Capital Markets arranged a $44.5-million financing for 194 E. 2nd St., a 61-unit luxury family property with ground-floor retail located in Manhattan’s East Village. Managing director Michael Zaremski, senior director John Flynn and director Clayton Ross.LendingIndustrialBridgeCity Lends $72M on Long Island City Apartments BuildJun 30, 2026Brooklyn-based developer Elmord Management has landed $72.3 million of acquisition and construction financing to build a multifamily development at a former industrial site in Long Island City, Queens, Commercial Observer has learned.LendingWalker & Dunlop Arranges Loan for Final Phase of Yonkers Master-Planned ProjectJun 30, 2026Walker & Dunlop arranged a $68.75-million construction loan to finance the development of Miroza Tower 4, a luxury multifamily tower to be built in Yonkers, NY.