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Rates & lending news – page 46
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Barings Provides $58M to Refinance Newly Built Bushwick ApartmentsJLL Capital Markets arranged a $58-million refinancing for 1333 Broadway, a newly constructed mixed-use multifamily property in Brooklyn’s Bushwick neighborhood.
Daytona Beach Student Housing Investors Ink $53.7M RefiL3 Campus and Aureon Partners have obtained a $53.7 million refinancing for the OnShore apartments, a 210-unit/636-bed student housing project near the campus of Embry-Riddle Aeronautical University in Daytona Beach.
MMCC Secures Financing for El Cajon MultifamilyMarcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $3,960,000 in financing for Penny Lane apartments, a 14-unit multifamily property located at 1170 Sumner Ave. in El Cajon.
$103M Financing Supports Ontario Airport Hotel RepositioningGreenRock Capital LLC has closed on a $103-million financing for the Ontario Airport Hotel and Conference Center in Ontario. National CORE owns the property, which is being renovated and repositioned into the Hyatt Regency Ontario.
KeyBank Provides $54M Refi for 298-Unit Houston-Area MultifamilyRockstar Capital has secured $54 million to refinance Lakeview at Westpark, a 298-unit multifamily complex in Richmond, Texas, Commercial Observer can first report KeyBank provided the fixed-rate loan, which carries a 35-year term and an interest rate of 5.3 percent, while…
Music Row Apartment Owners Score RefiKnighthead Funding in partnership with Speedwagon Capital Partners arranged a $27 million refinancing for Signature Music Row – a newly constructed 105-unit Class A multifamily property located at 1005 16th Avenue South in Nashville, Tennessee.
Redfearn Lands Refi on 8-Building Jax Warehouse FacilityRedfearn Capital secured financing for an eight-building Jacksonville-area portfolio totaling $48 million. Prospect Ridge provided the financing.
JLL Arranges $600M Refinancing for The Diplomat Beach Resort in Hollywood, FloridaHOLLYWOOD, FLA. — JLL has arranged the $600 million refinancing of The Diplomat Beach Resort, a 1,000-room hospitality development located in the South Florida city of Hollywood near Fort Lauderdale/Hollywood International Airport.
Dwight Capital Provides $130M HUD-Insured Refinancing for North Miami Apartment CommunityNORTH MIAMI, FLA. — Dwight Capital has provided a $130 million HUD 223(f) loan for the refinancing of The Gardens Residences, a 358-unity luxury apartment building located in downtown North Miami.
Anaheim Industrial Outdoor Storage Site Secures Bridge LoanJLL Capital Markets arranged $26 million in bridge financing for a 7.75-acre industrial outdoor storage facility at 1477 N. Jefferson St. in Anaheim.
Representative imageStarwood Property Trust Q1 Rental Income Shoots Up While It Settles Troubled AssetsStarwood Property Trust kicked off 2026 with another active investment quarter, with notably improved operating income levels compared to last year. But earnings slipped as the mortgage REIT continued working through legacy assets and repositioning its balance sheet.
Versace Mansion in South Beach Lands $45M RefiThe Nakash family’s Jordache Enterprises has refinanced the historic Versace mansion on Miami Beach’s Ocean Drive with $44.7 million, property records show. HSBC added $23.7 million to a loan issued in 2021 with just over $21 million in outstanding debt.
Soloviev Group Refinances 9 W. 57th for $1.8BSoloviev Group and lead lender Bank of America announced the $1.8-billion refinancing of 9 W. 57th St., the trophy Midtown office tower that reportedly set a new ceiling for rents.
Keystone National Lends $46M for Arizona Industrial CampusSilver Creek Development has sealed $46 million of construction takeout financing for a newly-built Arizona industrial project, Commercial Observer has learned.
Commercial Mortgage Volume Rises 52% Year-Over-YearCommercial and multifamily mortgage loan originations were 52% higher in the first quarter of 2026 compared to a year earlier, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
Knighthead Funding Refis Nashville Apartments With $27M LoanA joint venture between Preiss and Speedwagon Capital Partners is singing a new tune in Music City. The sponsorship just landed a $27 million loan to refinance its newly built rental apartment property in Nashville near Vanderbilt University, Commercial Observer has learned.
Bristol Closes on $79M Refi on Santa Rosa Rental CommunityBristol Development snagged a $79 million refinancing on The Jewel at Santa Rosa Beach, a 408-unit multifamily development at 158 Malachite Way, in Santa Rosa Beach.
Representative imageEnsemble Investments Receives $110M Loan for 250-Room Hotel NIA in Menlo Park, CaliforniaMENLO PARK, CALIF. — Ensemble Investments has obtained $110 million in financing for the refinancing and fund closing costs for Hotel NIA, an operating, full-service hotel in Menlo Park. Madison Realty Capital, working with Newfound Holdings, originated the loan for the borrower.
Representative imageWalker & Dunlop Arranges $68.2M Refinancing for Multifamily Property in Arapahoe County, ColoradoARAPAHOE COUNTY, COLO. — Walker & Dunlop has secured a $68.2 million loan for the refinancing of Madison at Copperleaf, a 330-unit multifamily community in unincorporated Arapahoe County.
Digging into BTR and Housing Trends with Kiavi’s Tom HallockThe housing market is undergoing a type of reset. Despite this, the headlines keep mentioning mortgage costs and rising housing prices.