Rates & lending news – page 59

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Representative imageLendingOfficeSonnenblick-Eichner Co. Secures $80M Refinancing for Del Ray Office Campus in Los AngelesApr 1, 2026LOS ANGELES — Sonnenblick-Eichner Co. has arranged an $80 million first-mortgage loan secured by Del Rey Campus, a creative office campus in the Marina del Rey submarket of West Los Angeles.LendingOfficeJLL Arranges $7.5M Refinancing for Retail, Office Building in Long Beach, CaliforniaApr 1, 2026LONG BEACH, CALIF. — JLL Capital Markets has arranged a $7.5 million permanent loan to refinance 200 Pine Avenue, a 64,376-square-foot retail and office property located in Long Beach.LendingOfficeGoldman Sachs Furnishes $80M First Mortgage for Creative Office CampusMar 31, 2026Sonnenblick-Eichner Company has arranged an $80-million first mortgage loan secured by Del Rey Campus, a 162,031-square-foot creative office campus located in Marina del Rey.LendingIndustrialAvison Young Arranges Sub-Leasehold Mortgage for Navy Yard’s Green Manufacturing CenterMar 31, 2026Avison Young secured a $30-million sub-leasehold mortgage loan on behalf of an entity controlled by the Brooklyn Navy Yard Development Corporation (BNYDC) for the Green Manufacturing Center at the Brooklyn Navy Yard, a set of three buildings totaling 250,680 square feet of light…LendingCentersGantry Secures $22M Loan for St. Louis Region Retail CenterMar 31, 2026Gantry has secured a $22 million permanent loan to refinance maturing debt for Chesterfield Commons, a high-performance retail power center located in Chesterfield, a suburb west of St. Louis.LendingOfficeGoldman Sachs Lends $80M for Office Refi on L.A.’s WestsideMar 31, 2026The owners of a 162,031-square-foot creative office campus on Los Angeles’ Westside have refinanced after completing the three-building development about six years ago.LendingGreenlight, Holualoa Ink Refi for 288-Unit Tucson Apartment CommunityMar 31, 2026BWE arranged $28.8 million to refinance Cabana Bridges, a 288-unit garden-style multifamily community built in Tucson, Arizona in 2023. The financing was arranged on behalf of Greenlight Communities and Holualoa Companies.LendingNorthwind Group Provides $50M Construction Loan for Luxury Manhattan PropertyMar 31, 2026Prosper Property Group has secured $50 million in construction financing to build 10 West 17th Street, an 18-story luxury residential condominium in Manhattan’s Flatiron District, Commercial Observer can first report.LendingIndustrialWebster Bank Lends $30M for Brooklyn Navy Yard Manufacturing CenterMar 31, 2026The Brooklyn Navy Yard Development Corporation (BNYDC) has sealed a $30 million sub-leasehold mortgage loan for its Green Manufacturing Center (GMC) property, Commercial Observer has learned.LendingBell Offloads Plantation Apartments for $70MMar 31, 2026Maxx Properties recently paid $70 million for the Bell at Plantation apartments and renamed them the Ellery. A Bell Partners Fund sold the 250 apartments at 6901 W. Sunrise Blvd. CBRE Multifamily Capital provided a $55.1 million mortgage to the buyer. The S.Representative imageLendingOfficeJoint Venture Receives $175M Construction Loan for Office-to-Residential Conversion in Lower ManhattanMar 31, 2026NEW YORK CITY — A joint venture between Broad Street Development, Los Angeles-based PCCP and One Investment Management has received a $175 million construction loan for an office-to-residential conversion project in Lower Manhattan.LendingDomain Cos., Cottonwood Group Receive $102M in Financing for Development of Kimpton Hotel in Salt Lake CityMar 31, 2026SALT LAKE CITY — The Domain Cos., in partnership with Cottonwood Group, has closed on $102 million in financing for the development of hotel at 370 S. West Temple in downtown Salt Lake City. Completion is slated for first-quarter 2028.LendingCBRE Secures $70M Refinancing for 24Fifty at University Park Multifamily Property in DenverMar 31, 2026DENVER — CBRE has arranged a $70 million refinancing for 24Fifty at University Park, a multifamily community in Denver. Brad Zampa, Mike Walker, Brady O’Donnell and Jill Haug of CBRE secured the five-year, floating-rate loan from a national debt fund for the borrower, DivcoWest.LendingSF Capital Secures $31M Refinancing for Multifamily Property in Green BayMar 30, 2026SF Capital announced that Aaron Stemple secured $31.2 million in refinancing from a life insurance company for a multifamily property in the Green Bay Metropolitan Area, Wisconsin.LendingAriel Arranges Condo Inventory Loan for Newly Constructed Residential ProjectMar 30, 2026The Capital Services Group at Ariel Property Advisors has arranged an $11.8-million condominium inventory loan for a 20-unit newly constructed residential condo project in Upper Manhattan.LendingOfficeBHI, Naftali Lend $203M for Manhattan Office-to-Resi ConversionMar 30, 2026Yellowstone Real Estate Investments inked a $203 million loan to execute an office-to-residential conversion of the Candler Building near Times Square, Commercial Observer can first report. BHI, the U.S.LendingMadison Realty Capital Lends $121M for Hoboken CondosMar 30, 2026Taurasi Group landed a $121 million condominium inventory loan for a newly completed mixed-use condo development in Hoboken, N.J., Commercial Observer can first report. Madison Realty Capital provided the loan for South End Lofts, a 110-unit condo project that opened this winter.LendingCiti Refis Two Florida Apartment Complexes With $69M CMBS LoanMar 30, 2026Developer Copperline Partners has sealed $69 million of commercial mortgage-backed securities (CMBS) debt to refinance two Florida multifamily properties, Commercial Observer has learned.LendingJLL Arranges $88M Construction Loan for Multifamily Project in Shoreline, WashingtonMar 30, 2026SHORELINE, WASH. — Evergreen Point Group has received $88 million in construction financing for Leeway, an apartment project in Shoreline.LendingGroceryJLL Arranges $74.5M Refinancing for Trader Joe’s-Anchored Shopping Center in CharlottesvilleMar 30, 2026CHARLOTTESVILLE, VA. — JLL Capital Markets has arranged a $74.5 million loan for the refinancing of the Shops at Stonefield, a 267,294-square-foot shopping center located in the Central Virginia city of Charlottesville, just two miles north of the University of Virginia.