Loans

Partnership Receives Financing for Renovation of 337-Room Hotel in Irving

by Taylor Williams April 22, 2026

IRVING, TEXAS— A partnership between 3H Group Inc. and Dallas Lodging Associates LLC has received an undisclosed amount of financing for the renovation of the 337-roomRenaissance Dallas North Hotel in Irving. The 12-story hotel sits on a 7.5-acre site at 1590 Lyndon B Johnson Freeway in the Las Colinas district and includes 25 suites, as well as 22,670 square feet of meeting and event space and three onsite food-and-beverage options. Jillian Mariutti, Adrienne Andrews and Pierce Rutledge of JLL arranged the five-year, floating-rate loan through Western Alliance Bank on behalf of ownership.

April 22, 2026

California Industrial Loans Western

Gantry Secures $40M Loan for Xebec-Owned Industrial Properties Near Los Angeles

by Amy Works April 22, 2026

VERNON AND PACOIMA, CALIF. — Gantry has secured a $40 million permanent loan to retire maturing debt on two cross-collateralized industrial buildings in Vernon and Pacoima, two active Los Angeles submarkets. Both buildings are fully occupied with different single-tenant occupiers. PODS occupies the first building, a 203,000-square-foot property located at 5370 Boyle Ave. in Vernon. The second asset, located at 10445 Glenoaks Blvd. in Pacoima, is a 95,000-square-foot building used as a sound stage facility as part of the Quixote studios campus. George Mitsanas, Bahman Mirhashemi and Keegan Bridges of Gantry represented the borrower, a privately held real estate joint venture managed by Xebec, a private real estate investor. The five-year, fixed-rate loan was secured from an insurance company lender and features full-term, interest-only payments.

April 22, 2026

Industrial Loans Massachusetts Northeast

JLL Arranges $15.1M Acquisition Loan for Industrial Portfolio in Avon, Massachusetts

by Taylor Williams April 22, 2026

AVON, MASS. — JLL has arranged a $15.1 million acquisition loan for a portfolio of two industrial buildings totaling 129,380 square feet in Avon, located south of Boston. The buildings at 20 and 40 Ledin Drive are situated on a combined 6.6 acres within Avon Industrial Park and feature clear heights of 17 and 32 feet. At the time of sale, both buildings were fully leased to Waste Management. Amy Lousararian and Anthony Nakhle of JLL arranged the five-year, fixed-rate loan through M&T Bank on behalf of the borrower, Vigilant Real Estate Holdings.

April 22, 2026

Loans Multifamily North Carolina Southeast

Walker & Dunlop Arranges $105M Refinancing for Maeve Apartment Tower in Raleigh

by John Nelson April 21, 2026

RALEIGH, N.C. — Walker & Dunlop has arranged a $105 million loan for the refinancing of Maeve, a 20-story apartment tower located at 319 W. Lenior St. in Raleigh. Capital Square delivered the 297-unit high-rise last year. Alexandra Huffman, Justin Nelson and P.J. Feichtmeier of Walker & Dunlop arranged the floating-rate, interest-only bridge loan through TPG Real Estate Finance. Situated in Raleigh’s Warehouse district, Maeve offers studio, one-, two- and three-bedroom residences, as well as 10,000 square feet of retail space and amenities such as a resort-style pool and rooftop lounge.

April 21, 2026

Loans Multifamily Texas

Newmark Arranges Bridge Financing for 360-Unit Apartment Community in Kemah, Texas

by Taylor Williams April 21, 2026

KEMAH, TEXAS — Newmark has arranged an undisclosed amount of bridge financing for a 360-unit apartment community in Kemah, about 35 miles southeast of Houston. The Kippford at Kemah Crossing was built in 2023 and offers one-, two- and three-bedroom units that are furnished with stainless steel appliances, granite countertops, walk-in closets and individual washers and dryers. Amenities include a pool, fitness center and coworking spaces. David Schwarz of Newmark arranged the debt through Greystar on behalf of the owner, a partnership between Allen Harrison Co. and Carlyle.

April 21, 2026

Acquisitions Loans Office Texas

Joint Venture Acquires 310,943 SF Office Building in North Dallas

by Taylor Williams April 21, 2026

DALLAS — A joint venture between Dallas-based Pillar Commercial and New York-based Ascent Real Estate Advisors has acquired Rambler Park, a 310,943-square-foot office building in North Dallas. The 14-story building is located within a medical district that is anchored by Texas Health Presbyterian Hospital and is home to multiple healthcare tenants. Brian Carlton and De’On Collins of JLL arranged an undisclosed amount of acquisition financing for the deal through First Bank. The seller was not disclosed.

April 21, 2026

Loans Multifamily New York Northeast

North Bridge Provides $8.5M C-PACE Loan for Midtown Manhattan Apartment Complex

by Taylor Williams April 21, 2026

NEW YORK CITY — North Bridge, a provider of commercial credit solutions, has provided an $8.5 million C-PACE (Commercial Property Assessed Clean Energy) loan for Herald Towers, a three-building apartment complex located at 50 W. 34th St. in Midtown Manhattan. The borrower, JEMB Realty, will use the loan proceeds to fund infrastructural upgrades and modernize building systems across the 690-unit complex. According to North Bridge, the transaction represents the first multifamily C-PACE deal to close in New York City.

April 21, 2026

Loans Multifamily Washington Western

Cushman & Wakefield Arranges $53M Refinancing for Multifamily Community in Seattle

by Amy Works April 21, 2026

SEATTLE — Cushman & Wakefield has arranged $53 million in refinancing for 110 Roy Street, an apartment property in Seattle. Dave Karson, Chris Moyer, Alex Lapidus and Zarif Hasan of Cushman & Wakefield represented the borrower, Low Tide Properties, in securing the five-year financing, provided by Northwestern Mutual. Situated in Seattle’s Queen Anne neighborhood, 110 Roy Street features 167 studio, one- and two-bedroom apartments. Community amenities include a rooftop terrace, 24-hour fitness studio, pet spa and a resident lounge. Additionally, the property features 6,700 square feet of ground-floor retail space along Roy Street. The asset was developed by Continental Properties in partnership with Low Tide Properties.

April 21, 2026

Loans Multifamily New Jersey Northeast

CBRE Provides $96M Agency Loan for Refinancing of Prospect Place Apartments in Hackensack

by Taylor Williams April 20, 2026

HACKENSACK, N.J. — CBRE has provided a $96 million Freddie Mac loan for the refinancing of Prospect Place, a 360-unit apartment complex in Hackensack. Prospect Place consists of two buildings: an 18-story tower with 157 units and a five-story midrise building with 203 apartments. Residences come in one- and two-bedroom floor plans. Amenities include an outdoor pool, fitness center, clubhouse, resident lounge, business center, courtyard and a billiards room. Judah Hammer, Jason Gaccione, Shawn Rosenthal, Jake Salkovitz and Lauren Weinstein of CBRE originated the financing on behalf of the owner, Khosla Capital.

April 20, 2026

California Industrial Loans Western

PSRS Arranges $6.5M Refinancing for Flex Industrial Property in Carlsbad, California

by Amy Works April 20, 2026

CARLSBAD, CALIF. — PSRS has arranged $6.5 million in refinancing for a flex industrial property in Carlsbad. Constructed in 1998 and renovated in 2022, the asset consists of two two-story buildings totaling 65,964 square feet of net rentable area. The fully occupied, three-tenant property features a specialized mix of climate-controlled R&D/lab, warehouse and office space tailored for the biotech and semiconductor industries. Trevan Swierczewski of PSRS secured the loan, which features a competitive spread over the five-year Treasury and a flexible prepayment structure, for the undisclosed borrower through a local bank.

April 20, 2026

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