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Rates & lending news – page 60
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Representative imageAligned Taps $2.6B Credit Facility for Data Center ExpansionThe financing will support later-stage developments at sites in three key markets. The post Aligned Taps $2.6B Credit Facility for Data Center Expansion appeared first on Commercial Property Executive.
CIM Group Divests Greenwich Village Boutique Offices for $46MNewmark arranged the sale and financing of 88 University Pl., a 100,000-square-foot Beaux-Arts office building with ground-floor retail located in Greenwich Village.
Marcus & Millichap’s Azzi Group Closes Van Nuys SaleThe Azzi Group of Marcus & Millichap has closed the sale of 6121 Woodman Ave., a 45-unit apartment property in Van Nuys. The sale price was $9 million, or $200,000 per unit, at a 5.66% cap rate.
Broad Street Development Completes Recap, Inks $175M Loan for 80 Broad StreetBroad Street Development, alongside private equity firm PCCP and property investment company One Investment Management, has successfully recapitalized 80 Broad Street and secured a $175 million construction loan for the adaptive conversion of the Lower Manhattan property, also…
RXR Refis New Jersey Apartments With $90M LoanAn affiliate of Madison Realty Capital has sealed a $90 million loan to refinance a newly built multifamily development in northern New Jersey, Commercial Observer has learned. RXR provided the loan for the 300-unit Clifton & Company apartments in Clifton, N.J.
Representative imageCronheim Arranges $13.2M Loan for Refinancing of Northern New Jersey HotelsWOODBRIDGE, N.J. — The hotel division of local financial intermediary Cronheim Mortgage has arranged a $13.2 million loan for the refinancing of two hotels in the Northern New Jersey community of Woodbridge.
DCHFA Provides Financing for 178-Unit Affordable Housing Redevelopment in D.C.WASHINGTON, D.C. — The District of Columbia Housing Finance Agency (DCHFA) has provided financing to rehabilitate Henson Ridge II, a 178-unit affordable housing community located in the Douglass neighborhood of Ward 8 in Washington, D.C.
Representative imageBWE Secures $28.8M Refinancing for Multifamily Community in Tucson, ArizonaTUCSON, ARIZ. — BWE has arranged $28.8 million to refinance Cabana Bridges, a garden-style apartment property in Tucson.
Capital Markets and Multifamily: A Q&A with Arcus Harbor’s Kristen CroxtonAfter a stagnant couple of years, capital has started to come off the sidelines to fund commercial real estate deals. But geopolitical uncertainties, continued high interest rates, and maturities and distress concerns have led to more selective financing across all sectors.
IPA Capital Markets Arranges $31M Financing for Nebraska ApartmentsIPA Capital Markets, a division of Marcus & Millichap, announced the $31.61 million refinancing of The Flats at Leighton District, a 234-unit multifamily property with ground-level retail spaces, located at 4630 Leighton Avenue in Lincoln, Nebraska.
Hanover Capital Refis Long Island City Retail Property With $26M LoanVorea Group has landed a $25.8 million loan to refinance a newly developed retail asset in Long Island City, Queens, Commercial Observer has learned. Hanover Capital provided the loan for the developer’s 52,578-square-foot property at 10-04 Borden Avenue that opened in 2024.
MBA: Lenders See Modest Improvements in Delinquency RatesCommercial mortgage delinquencies were mixed in the fourth quarter of 2025, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report.
Return to Lender: Week of March 26, 2026The post Return to Lender: Week of March 26, 2026 appeared first on Connect CRE.
Ambitious Downtown Denver Redevelopment Project Lands $63M LoanThe Denver Downtown Development Authority (DDDA) approved a low-interest loan up to $63 million to support the High Fidelity Plaza redevelopment. The total project cost is estimated at $315 million.
Capstone Partners Underway on 143-Unit Villebois Village Center Apartments in OregonWILSONVILLE, ORE. — Capstone Partners has secured a $27.9 million construction loan from U.S. Bank to develop Villebois Village Center Apartments, a three-building multifamily community in Wilsonville.
PCCP Provides $180.5M Refinancing for 2.1 MSF Industrial Park Near DetroitHIGHLAND PARK, MICH. — PCCP has provided a $180.5 million senior loan to a joint venture between AEW Capital Management and Trident Capital Group for the refinancing of Oakland Park, a 10-building, 2.
Affinius Capital Provides Acquisition Loan for 917,374 SF Industrial Park in Benbrook, TexasBENBROOK, TEXAS — New York City-based Affinius Capital has provided an acquisition loan of an undisclosed amount for Chisholm 20, a 917,374-square-foot industrial park in Benbrook, a southwestern suburb of Fort Worth.
Red Oak Provides $10.2M Loan for Acquisition, Renovation of Apartment Community Near BirminghamFAIRFIELD, ALA. — Red Oak Capital Holdings LLC has provided a $10.2 million bridge loan for the $3.5 million acquisition and $6.6 million repositioning of Chateau Glen Oaks Apartments, a 230-unit, garden-style community located in Fairfield, a suburb of Birmingham.
Trident Provides Financing for Future Tesla Supercharger SiteTrident Capital Partners, a boutique real estate debt fund and private REIT, has provided $3 million in financing for the site of a future Tesla Supercharger station in Los Angeles.
Arrow Secures Acquisition Loan for LIC Development SiteArrow Real Estate Advisors arranged $9.0 million in acquisition financing for a development site located at 10-38 45th Rd. in Long Island City. The financing was secured on behalf of Century Development Group through MidFirst Bank.