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Rates & lending news – page 8
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Prime Finance Supplies $63M Refi for Chelsea Multifamily PortfolioSlate Property Group has landed a $63 million loan to refinance three multifamily buildings in Manhattan’s Chelsea neighborhood, Commercial Observer has learned.
Canyon Partners Provides Refi on Four-Building Elizabeth IndustrialCanyon Partners Real Estate LLC has provided a $67-million senior loan with Kurv Industrial to refinance Kurv Elizabeth, a Class-A industrial property in Elizabeth, NJ. The transaction was facilitated by CBRE.
Madison Realty Capital Lends $77M for Whole Foods-Anchored Texas DevelopmentA joint venture between Trademark Property Company and Harrison Street Asset Management has sealed $77 million of construction financing to build a mixed-use development in the Dallas-Fort Worth region anchored by Whole Foods, Commercial Observer has learned.
MassHousing Closes on Financing for Swampscott Affordable DevelopmentMassHousing has closed on the final financing for the 114-unit The Westcott in Swampscott, developed by WinnCompanies on a former industrial site following approval by the Town of Swampscott.
Representative imageLightstone Capital Provides Loan for Refinancing of Metro Houston Industrial BuildingCHANNELVIEW, TEXAS — Lightstone Capital, the debt financing arm of New York City-based Lightstone Group, has provided a loan of an undisclosed amount for an industrial building in Channelview, an eastern suburb of Houston. According to LoopNet Inc., the building at 300 S.
Basis Closes Surprise Land Deal, Self-Storage Venture on WayBasis Industrial closed on the land and a $20.5 million construction loan for a new self-storage development at 17140 W. Waddell Road in Surprise, Ariz. The project will encompass approximately 102,673 square feet with 707 climate-controlled storage units upon completion.
Dwight Refis LA-Area Apartments With $62M LoanGR Properties USA has sealed $62 million of bridge debt to refinance a newly developed multifamily project in suburban Los Angeles, Commercial Observer has learned.
Representative imageHKS Real Estate Arranges $7.8M in Construction Financing for Two Retail Developments in CaliforniaFRESNO AND CLOVIS, CALIF. — HKS Real Estate Advisors has arranged $7.8 million in construction financing for two ground-up retail developments in Fresno and Clovis.
JLL Arranges $112M in Acquisition Financing for Two Seniors Housing Communities in Metro ChicagoDEER PARK AND BATAVIA, ILL. — JLL Capital Markets has arranged $112 million in acquisition financing through a regional bank for a two-property seniors housing portfolio totaling 330 units in metro Chicago.
Waller Urges Patience, but Bond Market Keeps Rate Hike in PlayExecutive Summary Federal Reserve Governor Christopher Waller is preaching patience before the central bank’s interest-rate decision next week.
Development Group Inks $58M Construction Loan for Coconut Grove CondosA development team closed on a $58 million construction loan to build The Lincoln, a luxury boutique condominium with 48 residences in Coconut Grove, Florida. The project has begun construction and is scheduled for completion by Q3 2028.
Berkadia Secures $12M in LIHTC Equity for Michigan Housing PropertyBerkadia secured financing for Lighthouse Ridge Apartments, a 52-unit garden-style multifamily property in South Haven, Michigan.
GAIA lands One-Year Extension on Williamsburg Multifamily LoanGAIA Real Estate has secured an additional one-year extension of its $48-million loan with Raymond James Bank for 55 Hope, a 117-unit multifamily property in Williamsburg, Brooklyn. The extension pushes the loan’s maturity to August 2027.
Talonvest Secures Life Company Loan for 1,800-Unit Self-Storage PortfolioTalonvest Capital arranged $53,500,000 in financing with a life insurance company for three California self-storage properties on behalf of Investec Real Estate Companies.
Synergy Completes Repositioning, Refinancing of Downtown Boston TowerSynergy has completed a repositioning project and refinancing of 101 Arch St. in Boston. Synergy has invested over $20 million in 101 Arch since acquiring the building in March 2024.
Representative imageNew York Life Provides $54M Refi for California Self-Storage PortfolioInvestec Real Estate Companies has secured $53.5 million to refinance a portfolio of three self-storage assets in Central and Southern California that span 253,496 rentable square feet and hold 1,818 units, according to a release.
Nuveen Green Capital Supplies $93M C-PACE Loan for Cleveland Office Conversion to W HotelThe increased utilization of Commercial Property Assessed Clean Energy (C-PACE) debt for conversion projects has reached new heights with Cleveland’s fifth-tallest building.
Cantor Fitzgerald Provides $141M CMBS Loan for Raleigh Office ComplexA joint venture among East West Partners, CBC Real Estate and Affinius Capital has secured $141 million to refinance a 535,000-square foot office campus in Raleigh, N.C., that serves as the global headquarters of Bandwidth, a publicly traded technology firm.
Walker & Dunlop Arranges $46.5M Loan for Refinancing of Metro Austin Apartment CommunityLEANDER, TEXAS — Walker & Dunlop has arranged a $46.5 million bridge loan for the refinancing of River Junction, a 329-unit apartment community located in the northern Austin suburb of Leander.
GoDocs Sees Rise in Multifamily Lending Volume, Loan SizeCommercial loan document automation platform GoDocs said Tuesday it saw a 17.2% year-over-year increase in commercial loans for multifamily properties through its platform in the first half of 2026.