Loans

Mesa West Capital Provides $42M Acquisition Loan for Northeast Dallas Multifamily Property

by Taylor Williams December 23, 2025

DALLAS — Mesa West Capital has provided a $42 million acquisition loan for Perry Row, a 149-unit multifamily property in northeast Dallas. Built in 2009, Perry Row offers one-, two- and three-bedroom townhome-style units that are furnished with stainless steel appliances, granite countertops, individual washer and dryers, walk-in closets and balconies. Amenities include a pool, fitness center, outdoor kitchen and a business center. Mark Brandenburg of JLL arranged the loan on behalf of the borrower, a joint venture between Knightvest Capital and TPG Angelo Gordon, which will use a portion of the proceeds to fund capital improvements.

December 23, 2025

Loans Retail Texas

Gantry Arranges $10M Loan for Refinancing of Irving Shopping Center

by Taylor Williams December 23, 2025

IRVING, TEXAS — Gantry, a commercial mortgage banking firm based in San Francisco, has arranged a $10 million loan for the refinancing of Metroplex Plaza, a 105,000-square-foot shopping center in Irving. The center recently underwent a repositioning that introduced a new grocery anchor. Mark Ritchie and Austin Ridge of Gantry originated the 10-year, fixed-rate loan. The names of the direct lender and borrower were not disclosed.

December 23, 2025

Loans Multifamily Southeast Tennessee

Cushman & Wakefield Arranges $76M Refinancing for Apartment Community in Murfreesboro, Tennessee

by John Nelson December 23, 2025

MURFREESBORO, TENN. — Cushman & Wakefield has arranged a $76 million loan for the refinancing of Overall Creek Apartments, a 384-unit multifamily community located at 5150 Jack Byrnes Drive in Murfreesboro, about 33 miles southeast of Nashville. John Alascio, Chuck Kohaut and Chris Meloni of Cushman & Wakefield arranged the loan through PCCP on behalf of the borrower, Denholtz, a private investment management firm based in Red Bank, N.J. Built in 2020, Overall Creek was 94 percent occupied at the time of financing. The property offers one-, two- and three-bedroom residences averaging 1,057 square feet in size, as well as a courtyard with a pool and grill stations, fire pits, a dog park, hydro massage room, tanning bed, business center and a fitness center.

December 23, 2025

Industrial Loans New Jersey Northeast Self-Storage

JLL Arranges $176M Refinancing of Northern New Jersey, South Florida Industrial Portfolio

by Taylor Williams December 23, 2025

MORRISTOWN, N.J. — JLL has arranged a $176 million loan for the refinancing of a portfolio of six industrial properties totaling approximately 1.2 million square feet. Four of the properties are located in the Northern New Jersey communities of Carlstadt, Lyndhurst, Carteret and North Brunswick and feature clear heights of 16 to 25 feet. The other two properties are located in South Florida. Jim Cadranell, Gregory Nalbandian, Michael Lachs and Kevin Badger of JLL arranged the eight-year, fixed-rate loan through insurance giant Nationwide on behalf of the borrower, Seagis Property Group. The portfolio was 96 percent leased at the time of the loan closing.

December 23, 2025

Loans Multifamily New York Northeast

Berkadia Provides $32.4M in Agency Financing for Bronx Apartment Building

by Taylor Williams December 23, 2025

NEW YORK CITY — Berkadia has provided $32.4 million in Freddie Mac financing for The Riverdale Tower, an 89-unit apartment building in The Bronx. The 18-story building was completed in 2024 and offers studio, one- and two-bedroom units that range in size from 400 to 900 square feet, 27 of which are earmarked as affordable housing. Amenities include a fitness center, community room, two patios and a pickleball court. Matt Nihan of Berkadia originated the 10-year, fixed-rate loan, which retires existing construction debt, on behalf of the borrower, Stagg Group. The building was fully occupied at the time of the loan closing.

December 23, 2025

California Loans Mixed-Use Office Restaurant Retail Western

CBRE Arranges $57.6M Refinancing for First Street Napa Mixed-Use Property in California

by Amy Works December 23, 2025

NAPA, CALIF. — CBRE has arranged $57.6 million in refinancing for First Street Napa, a Class A mixed-use property in downtown Napa. Brad Zampa and Mike Walker of CBRE’s Debt and Structured Finance team in San Francisco secured the five-year, nonrecourse floating-rate loan from an East Coast-based debt fund on behalf of NTC Shops LLC. Located at 1300 First St., the property features 162,000 square feet of retail, dining, tasting rooms and office space across six buildings. The asset is currently 90 percent leased to a variety of tenants, including Lululemon, Free People, Hestan and Silicon Valley Bank.

December 23, 2025

Affordable Housing California Loans Multifamily Western

MidPen Housing Secures $132.8M in Grants for Three Central California Affordable Housing Developments

by Amy Works December 22, 2025

SAN JOSE, ALAMEDA AND WATSONVILLE, CALIF. — The California Strategic Growth Council has awarded funding to existing MidPen Housing developments in San Jose, Alameda and Watsonville that include a total of 362 affordable units. Valley Transportation Authority (VTA) Capitol Station in San Jose was awarded $49.3 million. Located next to the Capitol Light rail station, this transit-oriented development will include 203 affordable rental homes, including 51 permanent supportive housing apartments for formerly homeless individuals. The project will replace an underutilized VTA parking lot with an all-electric residential building and a new transit plaza, complemented by multimodal improvements such as 2.3 miles of bike paths, upgraded walkways and new bus shelters. The project is slated for completion in 2029. The Stardust Gardens project in Alameda was awarded $44.5 million. This project includes 80 units that will be developed on public land and will include units for households that have experienced homelessness. Transportation enhancements include electric ferry charging infrastructure to enable zero-emission ferry service, bike and pedestrian safety improvements, traffic calming and new bikeways. A completion date was not available. Lastly, the state awarded $39 million to Watsonville Metro in Watsonville. This project involves redeveloping a downtown transit center into 79 affordable …

December 22, 2025

Loans Multifamily New York Northeast

HKS Real Estate Arranges $31.7M Loan for Refinancing of Brooklyn Apartment Building

by Taylor Williams December 22, 2025

NEW YORK CITY — Locally based financial intermediary HKS Real Estate Advisors has arranged a $31.7 million loan for the refinancing of a 53-unit apartment building in Brooklyn’s Greenpoint neighborhood. The newly constructed, six-story building at 36 India St. includes two commercial spaces and 27 parking spaces. Andrew Pilchick and Alex Dobosh of HKS arranged the debt through 360 Capital Funding on behalf of the borrower, Navistone Development.

December 22, 2025

Hospitality Illinois Loans Midwest

Red Oak Capital Holdings Provides $10M Acquisition Loan for Metro Chicago Hotel

by Kristin Harlow December 22, 2025

SCHILLER PARK, ILL. — Red Oak Capital Holdings has provided a $10 million loan for the acquisition and refurbishment of the Four Points by Sheraton Chicago O’Hare Airport hotel. Structured under Red Oak’s Core-Plus Bridge Loan program, the nonrecourse loan features an 18-month initial term, interest-only payments and a loan-to-stabilized value of 54.5 percent. The loan proceeds will be used to fund a portion of the $13 million purchase price and support initial capital improvements. Stratos Athanassiades of Red Oak originated the financing, which was underwritten by Thomas Gorski and administered by James Myatt. The borrower was a seasoned hospitality investor with a portfolio of 20 assets worth in excess of $70 million in gross asset value, including 10 hospitality properties across the Midwest. Located at 10249 W. Irving Park Road in Schiller Park, the 295-room, 195,000-square-foot hotel sits on 7.5 acres adjacent to Chicago O’Hare International Airport. Originally built in 1985 and renovated in 2015, the full-service property includes an indoor pool, meeting space, restaurant, gift shop and fitness center. The borrower’s business plan includes a new Marriott franchise agreement, modest room upgrades in the first year and a larger, Marriott-approved property improvement plan (PIP) renovation thereafter. The buyer …

December 22, 2025

Iowa Loans Midwest Multifamily

MMCC Secures $7.6M in Financing for Multifamily Property in Burlington, Iowa

by Kristin Harlow December 22, 2025

BURLINGTON, IOWA — Marcus & Millichap Capital Corp. (MMCC) has secured $7.6 million in financing for Urbane 424, a 52-unit multifamily property in Burlington, a city in eastern Iowa. The five-story property at 424 N. 3rd St. is situated near the Great River Bridge with views of the Mississippi Riverfront. The asset features a mix of studio, one- and two-bedroom units along with 3,000 square feet of first-floor retail space. Amenities include a rooftop terrace, bike storage and lounge. Robert Bhat of MMCC arranged the financing with a national bank on behalf of a private client. The nonrecourse loan features a five-year term with interest-only payments for the full term and a 70 percent loan-to-value ratio.

December 22, 2025

Newer Posts

Older Posts