Rates & lending news – page 5

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LendingCentersColliers Markets Senior Loan on DTLA’S EY PlazaSep 17, 2026Colliers has launched the marketing of the senior loan secured by EY Plaza, the 41-story, 968,745-square-foot office tower at 725 S. Figueroa St. in Downtown Los Angeles, on behalf of the lender.LendingAvison Young Arranges $115M Fannie Mae DUS loan for RockroseSep 17, 2026Avison Young arranged a $115-million first mortgage loan on behalf of an affiliate of Rockrose Development for the Eagle Lofts Collection, Phase 2, a 301-unit, luxury residential property located at 43-14 Queens St. in Long Island Cit.Representative imageLendingIndustrialKnighthead Lends $63M or Doral, Fla., Industrial Portfolio BuySep 17, 2026Midtown Capital Partners has sealed $62.92 million of acquisition financing to fund its purchase of 13 urban-infill, small-bay industrial assets in Doral, Fla., Commercial Observer has learned.LendingCheyne Backs Poultry Refurb With £121M Loan: The London Deal SheetSep 17, 2026Weekly update on London's largest leases, sales, and financing deals, highlighted by M&G's €500M green bond issuance.LendingWells Fargo Refis Long Island City Apartments With $115M Fannie Mae LoanSep 17, 2026An affiliate of Rockrose Development has secured $115 million of agency-backed debt to refinance a newly completed multifamily complex in Long Island City, Queens, Commercial Observer has learned.LendingGantry Secures $51M of CMBS Financing for Kansas City Value-Add MultifamilySep 17, 2026Gantry has secured a total of $50.75 million in two permanent loans to refinance post-construction bridge debt for a pair of recently repositioned and comprehensively renovated apartment communities in Kansas City.LendingACORE Claims Keys to Would-be Life Sciences Facility in Hell’s KitchenSep 17, 2026The lender behind Georgetown Company and Beacon Capital Partners’ planned life sciences facility at 707 11th Avenue and 615 West 50th Street in Hell’s Kitchen has reclaimed the keys.Representative imageLendingBWE Provides $16.8M Agency Loan for Mixed-Income Property in Grapevine, TexasSep 17, 2026GRAPEVINE, TEXAS — Cleveland-based commercial finance firm BWE has provided a $16.8 million Freddie Mac loan for Cobblestone Village, a 200-unit mixed-income property in Grapevine, located in the northern-central part of the metroplex.Representative imageLendingCooperWynn Capital Arranges $4.9M Loan for Refinancing of West Texas HotelSep 17, 2026MIDLAND, TEXAS — CooperWynn Capital, a Utah-based capital markets advisory firm, has arranged a $4.9 million loan for the cash-out refinancing of the 64-key My Place Hotel-Midland in West Texas.LendingAffinius Capital Provides $130M Construction Loan for Chicago Multifamily TowerSep 17, 2026A joint venture between Mavrek Development and Fengate Asset Management has secured $130.4 million in construction financing to build a 25-story, 380-unit multifamily tower in Downtown Chicago, Commercial Observer can first report.LendingBally’s Receives $560M in Financing for Casino, Resort Project in The BronxSep 17, 2026NEW YORK CITY — Bally’s Corp. (NYSE: BALY) has received $560 million in financing for its new casino and resort project in The Bronx.LendingTrilogy Obtains Construction Loan for 172-Unit Build-to-Rent Project in HuntsvilleSep 17, 2026HUNTSVILLE, ALA. — Trilogy Investment Co. has closed on a construction loan for REV3 at The Celeste, a 172-unit build-to-rent (BTR) townhome community underway in Huntsville. The loan amount was not released.LendingM&T RCC Closes on Bridge Loan for New Haven ApartmentsSep 16, 2026M&T Realty Capital Corporation closed on a $31.9-million bridge loan for Estelle New Haven, a newly constructed 96-unit Class A multifamily community located at 19 Elm St. in downtown New Haven, CT.LendingAffinius Furnishes Construction Loan for Lexington Luxury RentalsSep 16, 2026JLL Capital Markets has arranged $45.75 million in construction financing for 7 Hartwell Ave., a 130-unit ground-up luxury multifamily development located in Lexington, MA due for completion in June 2028.Representative imageLendingIndustrialCIBC Supplies $102M Refi for SkyREM Industrial PortfolioSep 16, 2026Real estate investment firm SkyREM has secured $101.8 million to refinance a 1.9 million-square-foot industrial portfolio across the East Coast, Commercial Observer has learned.Representative imageLendingAs Fed Hikes Rates for First Time Since 2023, Commercial Real Estate Comes to TermsSep 16, 2026The Federal Reserve raised interest rates for the first time in more than three years Wednesday, but the hawkish move is not expected to curtail commercial real estate transactions in the latter half of 2026.LendingFed Raises Benchmark Rate, Intensifying Borrowing Cost BluesSep 16, 2026The Fed's rate hike aims to control inflation but raises borrowing costs, which is expected to impact real estate and economic growth.LendingIndustrialThorofare Capital Provides $35M Loan for Refinancing of Industrial Property Near Port of SavannahSep 16, 2026HARDEEVILLE, S.C. — Thorofare Capital has provided a $35 million loan for the refinancing and lease-up of Gateway Commerce Park, a two-building industrial park near the Port of Savannah.Representative imageLendingJLL Arranges $60.5M Acquisition Loan for Brooklyn Multifamily PortfolioSep 16, 2026NEW YORK CITY — JLL has arranged a $60.5 million acquisition loan for a portfolio of two multifamily buildings totaling 93 units in the Williamsburg area of Brooklyn. The buildings at 227 and 456 Grand St.LendingIndustrialBasis Industrial Receives $24M Construction Loan for Self-Storage Project in Wayne, New JerseySep 16, 2026WAYNE, N.J. — Florida-based owner-operator Basis Industrial has received a $24 million construction loan for a self-storage project in the Northern New Jersey community of Wayne.