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Representative imageCIM Group Provides $154M Loan to Blackstone for Refinancing of MiamiCentral Office TowersMIAMI — Los Angeles-based CIM Group, through its CIM Real Estate Debt Solutions business, has provided a $154 million loan for the refinancing of 2 and 3 MiamiCentral, two adjacent office towers in downtown Miami.
Representative imageBlackstone Nabs $154M to Refi Downtown Miami Office ComplexReal estate behemoth Blackstone has secured $154 million to refinance the 2 and 3 MiamiCentral office complex in Downtown Miami, where it operates its own office.
Representative imageApple Bank Provides $42M Refi for Kaufman Organization’s Nelson TowerThe Kaufman Organization has secured $42 million to refinance Nelson Tower, a 46-story, 510,000-square-foot Art Deco office building in the heart of Midtown Manhattan, Commercial Observer can first report.
Toro Advancing on Johns Creek Mixed-Use DevelopmentToro Development Company (TDC) has closed on the financing for Medley’s second phase, known as “Encore,” and added seven brands, bringing the total number of executed leases to 37, representing 78% of the project’s retail space and 82% of the office space.
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.
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.
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.
Ladder Capital Provides $30M Refi for Midtown Manhattan Office BuildingMJ Orbach Associates has landed a $29.5 million loan to refinance an office building in Midtown Manhattan, Commercial Observer has learned. Ladder Capital supplied the loan for the real estate investment firm’s 176,000-square-foot property at 260 West 39th Street.
Representative imageNaftali Provides $203M in Financing for Office-to-Residential Conversion Project in ManhattanNEW YORK CITY — Naftali Credit Partners, an alternative lender and subsidiary of global investment firm Naftali Group, has provided $203 million in financing for an office-to-residential conversion project in Midtown Manhattan.
GFP Real Estate Receives $83M Loan for Refinancing of Manhattan Office, Retail BuildingNEW YORK CITY — Local owner-operator GFP Real Estate has received an $83 million loan for the refinancing of 100 Crosby Street, an office and retail building in Manhattan’s SoHo neighborhood.
Representative imageSonnenblick-Eichner Co. Secures $80M Refinancing for Del Ray Office Campus in Los AngelesLOS 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.
JLL Arranges $7.5M Refinancing for Retail, Office Building in Long Beach, CaliforniaLONG 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.
Goldman Sachs Furnishes $80M First Mortgage for Creative Office CampusSonnenblick-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.
Goldman Sachs Lends $80M for Office Refi on L.A.’s WestsideThe 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.
Representative imageJoint Venture Receives $175M Construction Loan for Office-to-Residential Conversion in Lower ManhattanNEW 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.
BHI, Naftali Lend $203M for Manhattan Office-to-Resi ConversionYellowstone 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.
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.
SL Green Secures $1.65B Refi for Historic NYC Office TowerOne of SL Green Realty’s prime New York City office properties just got a new round of capital.
Weda Lands Refi on 128K-SF Coral Gables OfficesWeda Developers scored a refinancing package on a 128,609-square foot office building in Coral Gables. Cushman & Wakefield’s Jason Hochman and Ron Granite represented Weda in its transaction where they identified Lake Michigan Credit Union as the lender. The loan amounted to $12.
Bernard Financial Group Arranges $29.5M Construction Loan for Michigan Office BuildingBIRMINGHAM, MICH. — Bernard Financial Group (BFG) has arranged a $29.5 million construction loan for a new mixed-use office property in Birmingham. Joshua Bernard of BFG arranged the loan on behalf of the borrower, 320 Investments LLC. A life insurance company provided the loan.