Rates & lending news – page 63

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LendingArrow Real Estate Advisors Arranges $53M Refinance for Illinois MFMar 18, 2026Arrow Real Estate Advisors has arranged a $53 million balance sheet refinance for The Grove Phase I, a newly delivered 162-unit luxury multifamily property located at 8001 W. Belmont Avenue, River Grove, Illinois.LendingIndustrialGantry Secures $12M Refinance for Portland Region Industrial PropertyMar 18, 2026Gantry has secured a $12 million permanent loan to refinance maturing debt for a pair of industrial warehouse buildings located at 5640 NE Wagon Drive Blvd in Hillsboro, a western suburb of the Portland MSA.Representative imageLendingFed Maintains Interest Rates as CRE Confronts New Uncertainty From Iran WarMar 18, 2026The Federal Reserve held interest rates steady for a second straight meeting Wednesday. The pause comes in the midst of the commercial real estate industry grappling with economic uncertainty as the war in Iran throws a monkey wrench into inflation trends.Representative imageLendingOfficeKen Griffin and Goldman Properties Land $118M for Wynwood OfficeMar 18, 2026Three months after purchasing an office building in Miami’s Wynwood neighborhood, billionaire Ken Griffin and developer Goldman Properties nabbed a $118 million loan from J.P. Morgan Chase, property records show.LendingStoneHawk Inks $56M Construction Loan for Garland ApartmentsMar 18, 2026Dwight Capital financed a $56 million HUD 221(d)(4) new construction loan for StoneHawk Rosehill, a planned 269-unit apartment community in Garland, TX.LendingIndustrialGantry Secures $12M Refinancing for Two-Building Industrial Asset in Hillsboro, OregonMar 18, 2026HILLSBORO, ORE. — Gantry has secured a $12 million permanent loan to refinance maturing debt for a pair of industrial warehouse buildings located at 5640 N.E. Wagon Drive Blvd. in Hillsboro.Lending13th Floor, Rockpoint Heading Up Boca Raton Apartment, Retail VentureMar 18, 202613th Floor Investments and Rockpoint broke ground on Link at Boca, a new mixed-use multifamily community in Boca Raton, Florida. The joint venture secured a $100 million construction loan from Santander Bank to finance the project.LendingIndustrialLongleaf Capital Obtains Acquisition Loan for Industrial Property in Spartanburg, South CarolinaMar 18, 2026SPARTANBURG, S.C. — Nashville-based Longleaf Capital Partners has obtained an undisclosed amount of acquisition financing for 185 Littlejohn Street, a two-building industrial property in Spartanburg.LendingJLL Arranges $370M Loan for Refinancing of Brooklyn Apartment ComplexMar 18, 2026NEW YORK CITY — JLL has arranged a $370 million bridge loan for the refinancing of Society Brooklyn, a 517-unit apartment complex in the borough’s Gowanus neighborhood.LendingTwo-Tower Gowanus Multifamily Complex Refinanced for $370MMar 17, 2026JLL’s Capital Markets arranged a $370-million refinancing for Society Brooklyn, a 517-unit, two-tower residential development positioned along the Gowanus Canal in Brooklyn’s Gowanus neighborhood.LendingBridgeInvest Refis Nolita Multifamily Site With $36M LoanMar 17, 2026Galil Management has sealed a $35.5 million loan to refinance five contiguous five-story multifamily buildings in Manhattan’s Nolita neighborhood, Commercial Observer has learned.LendingOfficePebb Enterprises Refis Boca Offices With $35M From CitibankMar 17, 2026Pebb Enterprises nabbed $35 million from Citibank to refinance two office properties in Boca Raton, Fla., the developer announced.Representative imageLendingOfficeWells Fargo Provides $145M CMBS Loan for Silicon Valley Office ComplexMar 17, 2026Prometheus Real Estate Group has secured a $145 million loan to refinance The Towers at Cupertino City Center, a two-building, recently renovated office center in Cupertino, Calif., in Silicon Valley, according to a release.LendingAria Snags $53M Financing for Charlotte-Area Apartment VentureMar 17, 2026Aria Communities obtained $42.7 million in construction financing and $10.2 million in preferred equity for Skyview at Aria, a 338-unit multifamily development project in Monroe, North Carolina, a Charlotte suburb.LendingWalker & Dunlop Arranges $46.5M Loan for Refinancing of San Antonio Apartment CommunityMar 17, 2026SAN ANTONIO — Walker & Dunlop has arranged a $46.5 million loan for the refinancing of Park at Westover Hills, a 372-unit apartment community located in the Far West submarket of San Antonio.LendingPeachtree Group Originates $103M Loan for Hilton Miami Beach Convention Center HotelMar 17, 2026MIAMI BEACH, FLA. — Atlanta-based Peachtree Group has originated a $103 million bridge loan for the recapitalization and completion of the 289-room Hilton Miami Beach Convention Center Hotel. The development team behind the hotel was not released.LendingOfficeGFP Receives $86.5M Loan for Refinancing of Midtown Manhattan Office BuildingMar 17, 2026NEW YORK CITY — Local owner-operator GFP Real Estate has received an $86.5 million loan for the refinancing of 515 Madison Avenue, a 42-story office building in Midtown Manhattan.Representative imageLendingOfficeNorthmarq Arranges $145M Refinancing for Two-Building Office Campus in Cupertino, CaliforniaMar 17, 2026CUPERTINO, CALIF. — Northmarq has arranged $145 million in refinancing for The Towers at Cupertino City Center, a two-building office campus in Cupertino. Prometheus Real Estate Group owns and operates the Class A property.LendingOfficeLargest Office-to-Resi Conversion in Massachusetts Secures FinancingMar 16, 2026MassDevelopment has partnered with primary lender The Washington Trust Company to provide $51,170,000 in loan financing to OCP Worcester Owner LLC, an affiliate of real estate development company and property owner Synergy, for the largest office-to-residential conversion in…LendingDwight Capital Supplies $56M HUD Loan for Dallas-Area ApartmentsMar 16, 2026StoneHawk Capital Partners has sealed $56 million of U.S. Department of Housing and Urban Development (HUD)-backed construction debt to build a multifamily development in suburban Dallas, Commercial Observer has learned.