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JLL Arranges $46M Loan for Refinancing of Northeast Philadelphia Industrial FacilityPHILADELPHIA — JLL has arranged a $46 million loan for the refinancing of a 287,218-square-foot industrial facility in northeast Philadelphia.
Madison Capital Obtains $223M Bridge Loan for 5 SE USA ApartmentsMadison Capital Group inked a $223 million bridge loan for five multifamily communities in the Carolinas and Florida.
Representative imageBlueprint Arranges Refinancing for 100-Unit Seniors Housing Community in South FloridaNORTH PALM BEACH, FLA. — Blueprint Capital Markets has arranged the refinancing of an assisted living and memory care community located in North Palm Beach in South Florida. Alta Senior Living is the borrower.
Arrow Lines Up Acquisition Financing for 7-Property Mixed-Use PortfolioArrow Real Estate Advisors arranged a $69.7-million acquisition bridge loan on behalf of TARGO Capital Partners for a seven-property, mixed-use portfolio located across Manhattan’s Lower East Side, East Village and West Village submarkets.
BHI Provides Condo Inventory Loan for Ground-Up Luxury ProjectBHI, the U.S branch of Bank Hapoalim, B.M., provided a $200-million condo inventory loan to Malabar Residences, a newly constructed ultra luxury residential condominium and ground-floor retail building located at 126 E. 57th St. and developed by MRR Development..
Slate Property Group Closes on $86M Refi for LIC ApartmentsSlate Property Group has closed on an $86.25-million refinancing for Dutch House, a 186-unit multifamily property located at 37-05 30th St. in Long Island City.
JLL Closes HUD 232/223(f) Loan for New Hampshire Memory Care FacilityJLL Capital Markets announced that through its lending arm, JLL Real Estate Capital, LLC, it closed a $20.3-million HUD 232/223(f) insured mortgage loan for Spring Village at Dover,a 50-unit / 56-bed memory care community located in Dover, NH.
Derby Copeland Capital Provides $54 Million Refi for Lexington Avenue CondoRybak Development and BK Developers have secured $54 million to refinance 660 Lexington Avenue, a 19-story, 31-unit condominium in the Midtown East section of Manhattan, Commercial Observer can first report.
Rising Real Yields Reshape Treasury Market OutlookExecutive Summary U.S. Treasury yields have surged to multi-year highs, driven not by inflation expectations but by rising real yields — a distinction with significant implications for portfolio strategy.
Representative imageNewmark Provides $115.6M Agency Loan for Refinancing of Southern Connecticut Multifamily PropertiesEAST LYME, CONN. — Newmark has provided a $115.6 million Freddie Mac loan for the refinancing of The Cove at Gateway Commons and Sound at Gateway Commons, two multifamily properties located in the southern coastal Connecticut city of East Lyme.
Cushman & Wakefield Arranges $56M Construction Loan for Northern New Jersey Industrial ProjectRAHWAY, N.J. — Cushman & Wakefield has arranged a $56 million construction loan for a 277,818-square-foot industrial project in the Northern New Jersey community of Rahway. The 25.6-acre development will consist of two buildings totaling 201,616 and 76,202 square feet.
Representative imageBerkadia Arranges $82.1M Refinancing for Apartment Community in Nokomis, FloridaNOKOMIS, FLA. — Berkadia has arranged an $82.1 million loan for the refinancing of Render Legacy Trail, a 450-unit apartment community located at 15560 Render Way in Nokomis, a suburb of Sarasota.
Representative imageLument Provides $28M HUD-Insured Loan for Ohio Affordable Housing PropertyLORAIN, OHIO — Lument has provided a $28 million HUD/FHA Section 221(d)(4) loan on behalf of TFG Housing Resources and Raise Up for the acquisition and substantial rehabilitation of Western Horizon, a 353-unit affordable housing community in Lorain, about 25 miles west of…
Gantry Secures $12M Loan for Refinancing of Shopping Center in Moline, IllinoisMOLINE, ILL. — Gantry has secured a $12 million permanent loan to refinance maturing debt for Rock River Plaza in Moline. The 389,375-square-foot retail power center is anchored by Walmart and Lowe’s.
Gantry Secures $12M Loan for 389K-SF Illinois Retail CenterGantry has secured a low-leverage $12 million permanent loan to refinance maturing debt for Rock River Plaza, located in Moline, Illinois.
RXR, Hudson Realty Capital Launch Bridge-to-HUD Loan ProgramRXR and Hudson Realty Capital have launched a new $250-million bridge-to-HUD loan program for the acquisition and refinancing of multifamily and healthcare assets.
Hampton Group Lands $141M Construction Loan for Scottsdale, Ariz., Resi TowerThe Hampton Group’s planned residential tower in North Scottsdale, Ariz., has clinched a $141 million construction loan to fund its luxe build-out.
Lorimer Capital Lends $63M on Jersey City’s Arts & Powerhouse BuildingA historic industrial warehouse turned commercial hub in Jersey City, N.J., has landed a $63 million loan to stabilize the property and whip up new leases.
Nuveen Green Capital Supplies $38M C-PACE Loan on D.C. Medical BuildingDeveloper Redbrick LMD has secured $37.6 million of Commercial Property Accessed Clean Energy (C-PACE) debt for its newly built outpatient medical and community services building in Washington, D.C., Commercial Observer has learned.
Developer Duo Inks $870M Construction Loan for Lake Austin Four Seasons ResidencesTYKO Capital provided an $870 million single-lender construction loan to Lincoln Property Company and Austin Capital Partners for Four Seasons Private Residences Lake Austin.