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Rates & lending news – page 56
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Gantry Secures $14M Refinancing for Student Housing Property in Berkeley, CaliforniaBERKELEY, CALIF. — Gantry has secured a $14 million permanent loan to refinance a near-term maturity for a student housing property located at 2715 Dwight Way in Berkeley.
Marcus & Millichap Capital Corporation Secures Financing for DC Multifamily PropertyMarcus & Millichap Capital Corporation arranged $4.13 million in financing for a newly built, 11-unit multifamily property located at 1706 17th Street Southeast in Washington, D.C. Jared Cassidy, senior director in MMCC’s Washington, D.C.
Wells Fargo Provides $150M Acquisition Loan for Industrial PortfolioA joint venture between Dalfen Industrial and Investcorp has inked $150 million of financing for the purchase of a 19-asset logistics portfolio in the markets of Dallas, Chicago, Indianapolis and Cincinnati, Commercial Observer has learned.
Prime Finance Provides $71M Refi For Denver-Area Townhome CommunityBMC Investments and Rockpoint have secured $71 million to refinance the Fillmore at Copperleaf, a 229-unit single-family rental and townhome community in unincorporated Arapahoe County, Colo., Commercial Observer can first report.
Mavik Lends $24M for Fort Greene Multifamily TowerQuinlan Development Group has secured $23.5 million of acquisition financing for the purchase and development of a multifamily tower in Fort Greene, Brooklyn, Commercial Observer has learned.
Madison Realty Capital Supplies $61M Bridge Loan for N.J. Multifamily ProjectAn affiliate of Sanz Property Management has sealed $61 million of bridge debt for a newly completed multifamily asset in northern New Jersey, Commercial Observer has learned.
Special Servicing Rate Rises to 11% in MarchThe Trepp CMBS Special Servicing overall rate increased by 27 basis points in March 2026 to 11.00%, driven mainly by six large office loans. The loans outweighed several sizable cures, pushing the overall rate higher month over month, according to Trepp.
Return to Lender: Week of April 9, 2026The post Return to Lender: Week of April 9, 2026 appeared first on Connect CRE.
Representative imageIPA Arranges $113.7M in Acquisition Financing for Fort Worth Retail PortfolioFORT WORTH, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged $113.7 million in acquisition financing for Presidio Junction, a portfolio of three contiguous retail centers totaling approximately 375,000 square feet in Fort Worth.
Representative imageJV Lands Financing for Salt Lake City Industrial ProjectThe new development will target smaller users. The post JV Lands Financing for Salt Lake City Industrial Project appeared first on Commercial Property Executive.
Representative imageExclusive: Sage Realty Secures $160M Manhattan Office RefiThe loan retires a previous $185 million note. The post Exclusive: Sage Realty Secures $160M Manhattan Office Refi appeared first on Commercial Property Executive.
Representative imageSan Francisco Residence Inn Secures $26M RefiA Wall Street investment bank provided the note. The post San Francisco Residence Inn Secures $26M Refi appeared first on Commercial Property Executive.
S3 Provides Construction Loan for Crown Heights MultifamilyArrow Real Estate Advisors arranged an $8,800,000 construction loan from S3 for the development of a new multifamily property located at 1532 Bergen St. in Crown Heights, Brooklyn.
Sonnenblick-Eichner Arranges Refi for Walnut Creek Extended-StaySonnenblick-Eichner Company has arranged a $26-million first mortgage loan to refinance the Residence Inn by Marriott Walnut Creek, in Walnut Creek. The non-recourse fixed-rate, five-year loan is interest-only for the term and was funded by a Wall Street investment bank.
Representative imageMF1 Lends $81M for Baltimore-Area Apartment PortfolioMetropolitan Properties has landed $81.4 million in bridge debt to acquire and refinance a two-property multifamily portfolio in suburban Baltimore, Commercial Observer has learned.
McDowell Snags Financing for Pensacola Mixed-Income Rental CommunityMcDowell Housing Partners (MHP) closed on financing to build Ekos at Warrington, its first affordable housing community in Pensacola, FL. It’s McDowell Housing Partners’ 17th project to start construction in the state of Florida.
Walker & Dunlop Arranges $104.5M Construction Loan for Ritz-Carlton Savannah HotelSAVANNAH, GA. — Walker & Dunlop has arranged a $104.5 million construction loan for Ritz-Carlton Savannah, a 168-room luxury hotel located at 2 E. Bryan St. in Savannah. The hotel is a redevelopment of two obsolete office buildings built in 1911 in Savannah’s Historic District.
Why Rates Volatility Feels Different This TimeExecutive Summary Treasury markets are shifting from an orderly repricing to a more fragile phase.
ACRES Capital Provides $96M Construction Loan for White Plains Multifamily ProjectWHITE PLAINS, N.Y. — ACRES Capital Corp. has provided a $96 million construction loan for 70 Westchester, a new multifamily project in White Plains, located north of New York City.
Sonnenblick-Eichner Co. Arranges $26M Refinancing for Residence Inn Hotel in Walnut Creek, CaliforniaWALNUT CREEK, CALIF. — Sonnenblick-Eichner Co. has arranged a $26 million first mortgage loan to refinance the Residence Inn by Marriott Walnut Creek.