Loans

MMCC Arranges $85M in Construction Financing for Beverly Hills Mixed-Use Project

by Amy Works June 12, 2026

BEVERLY HILLS, CALIF. — Marcus & Millichap Capital Corp. (MMCC) has arranged $85 million in construction financing for the development of a 297,771-square-foot mixed-use property at 55 N. La Cienega Blvd. in Beverly Hills. Sharone Sabar of MMCC arranged the financing on behalf of a private investor through a national banking institution. The four-year construction loan was structured at 65 percent loan-to-cost. The six-story property will features 140 multifamily residences and 13,303 square feet of ground-floor retail space. The project will include a three-level subterranean parking structure with 177 spaces, extensive community gathering areas, a restaurant and bar, a coffee shop, recreation lounge, theater, wet and dry saunas, conference facilities, private workspaces and a communal kitchen, as well as a rooftop deck with a resort-style pool. Eleven units will be designated for low-income households and an additional 11 units for moderate-income households.

June 12, 2026

Industrial Loans Utah Western

Hamilton Partners, Bow River Capital Receive $44.2M in Financing for Hamilton Logistics Center in Salt Lake City

by Amy Works June 12, 2026

SALT LAKE CITY — Hamilton Partners and Bow River Capital have received $44.2 million in refinancing for Hamilton Logistics Center, a 474,600-square-foot Class A industrial asset at 8080 W. 1400 North in Salt Lake City. Chris Gandy, Jack Safford and Todd Torok of JLL Capital Markets arranged the floating-rate, five-year loan for the borrowers through a national insurance company. Completed in 2023, Hamilton Logistics Center features cross-dock industrial space with 36-foot clear heights, 56 dock-high doors, two drive-in doors and a 2,800-square-foot move-in ready speculative office space. Situated on 33.4 acres, the site includes 244 parking stalls and 156 trailer stalls on paved, illuminated land. The asset serves logistics and distribution users with access to the Wasatch Front’s labor pool of more than 1.2 million residents.

June 12, 2026

Loans Mississippi Southeast Student Housing

JLL Secures $64M Refinancing for 820-Bed Student Housing Community Near Mississippi State University

by Abby Cox June 12, 2026

STARKVILLE, MISS. — JLL has secured a $64 million refinancing for The Vista Starkville, an 820-bed student housing community located near the Mississippi State University campus in Starkville. Gregg Shapiro, Mike Brady, Sam Tarter, Christian Johnston and Connor McCarthy of JLL represented the borrower, Student Quarters, in securing the three-year, floating-rate loan from QuadReal Property Group. Built in 2019, the property offers 309 units in a mix of studio through five-bedroom configurations. Shared amenities include a fitness center, social lounge, resort-style pool and private resident parking. The community also features ground floor retail space occupied by Boardtown Pies & Pints.

June 12, 2026

Loans Michigan Midwest Multifamily

Berkadia Arranges $35.2M Refinancing for Multifamily Property in Suburban Detroit

by Kristin Harlow June 12, 2026

LAKE ORION, MICH. — Berkadia has arranged a $35.2 million loan to refinance Indian Lake Village Apartments, a 394-unit multifamily property in Lake Orion, a village located in the northern outskirts of Detroit. Wesley Moczul, Mitch Sinberg, Scott Wadler, Matt Robbins and Brad Williamson of Berkadia arranged the financing on behalf of the sponsor, Farmington Hills, Mich.-based Fenton Management Co. Freddie Mac purchased the 10-year, fixed-rate loan. The garden-style property is situated on 58 acres and was built between 1995 and 1997. There are 27 residential buildings with a mix of apartments and townhomes averaging 1,012 square feet. Amenities include a clubhouse, fitness center, business center, pool, tennis and volleyball courts, a sauna, game room, billiards room, library and conference room, pet play area and covered parking.

June 12, 2026

Georgia Loans Office Southeast Top Stories

Allen Morris Receives $113.7M Loan for Refinancing of Office Tower at Star Metals District in Atlanta

by Abby Cox June 12, 2026

ATLANTA — Allen Morris Co., a mixed-use developer based in Coral Gables, Fla., has received a $113.7 million loan from Mexico-based Banco Inbursa for the refinancing of Star Metals Offices, a 267,000-square-foot office tower in Atlanta’s West Midtown neighborhood. The transaction will retire the existing construction loan provided by Bank OZK and Barings. “This refinancing is a testament to the quality and curation of what we have built at Star Metals Offices,” says Spencer Morris, president of Allen Morris Co. “Securing this financing package from Banco Inbursa — an institution that has become one of the most active and discerning real estate lenders in the country — reflects the caliber of our tenants, our retail program and the broader Star Metals District vision.” The 15-story office tower, which is 97 percent leased, opened in July 2021 and is the centerpiece of the $1.5 billion Star Metals District development. Tenants include Outreach, a new-to-market tech company; Nike’s regional technology hub; Signature, a leading coworking group; PrizePicks; Nelson Architecture; Brand Apart; PagerDuty; Sovos; and BMI, among others. Designed by Oppenheim Architecture and Warner Summers Architecture, Star Metals Offices features exterior balconies on each level, as well as a coffee shop, outdoor lounges/workspaces, a 5,000-square-foot rooftop restaurant …

June 12, 2026

Loans New York Northeast Office

ACORE Capital Provides $110M Loan for Refinancing of Midtown Manhattan Office Building

by Taylor Williams June 11, 2026

NEW YORK CITY — ACORE Capital has provided a $110 million loan for the refinancing of 370 Lexington Avenue, a 317,000-square-foot office building located in the Grand Central submarket of Midtown Manhattan. The building was originally constructed in 1929 and recently underwent renovations to the lobby, elevators, building access systems, hallways and bathrooms. The loan was executed as part of a larger, $138 million recapitalization, additional terms of which were not disclosed. The sponsor is a partnership between two locally based owner-operators, Broad Street Development and KSR Capital. Peter Greisinger arranged the financing.

June 11, 2026

Acquisitions Loans Midwest Ohio Retail

Eastern Union Arranges $12.9M in Acquisition Financing for Shopping Center in Lima, Ohio

by Kristin Harlow June 11, 2026

LIMA, OHIO — Eastern Union has arranged $12.9 million in financing on behalf of borrower Lima Tov LLC for the acquisition of Lima Center, a 174,078-square-foot shopping center located in northwestern Ohio. The purchase price was $19.5 million. Lima Center was 98 percent leased at the time of the loan closing to 10 tenants, including Five Below and Dollar Tree, and is anchored by an 86,584-square-foot Kohl’s and a 30,000-square-foot TJ Maxx. Jack Beida, Michael Muller and Mike Orlik of Eastern Union arranged the seven-year, fixed-rate mortgage on behalf of the borrower. The seller and the direct lender were not disclosed.

June 11, 2026

California Loans Multifamily Western

PSRS Arranges $29.5M in Acquisition Financing for Mobile Home Park in Northern California

by Amy Works June 11, 2026

NORTHERN CALIFORNIA — PSRS arranged $29.5 million in acquisition financing for an unnamed mobile home park in Northern California. Michael Tanner and David Sarnoff of PSRS arranged the three-year, interest-only acquisition loan through a bridge lender. The borrower was also not disclosed. The 93-site manufactured housing community offers Pacific Ocean views and immediate proximity to state parks, retail and dining. The property features a range of amenities, including pet-friendly spaces, outdoor gathering areas and a resident lounge.

June 11, 2026

Loans Multifamily New York Northeast

Berkadia Provides $126.4M Agency Refinancing of Apartment Building in New Rochelle, New York

by Taylor Williams June 10, 2026

NEW ROCHELLE, N.Y. — Berkadia has provided a $126.4 million Fannie Mae loan for the refinancing of Two Clinton Park, a 28-story apartment building located north of New York City in New Rochelle. Built in 2024, Two Clinton Park houses 390 units in studio, one- and two-bedroom floor plans that range in size from 461 to 1,197 square feet, as well as 7,574 square feet of retail space. Amenities include coworking lounges, a fitness center, spa and sauna, screening room, pet spa and landscaped outdoor terraces with grilling stations and fire pits. Brad Williamson, Chris Ellis, Mitch Sinberg, Scott Wadler, Matthew Robbins, Kevin Batt, Brian Huff and Matt Schildwachter of Berkadia, in conjunction with Paul Patafio of Hudson Realty Capital, originated the loan. The sponsor was a partnership between RXR and Bridge Investment Group.

June 10, 2026

Illinois Loans Midwest Multifamily

BWE Arranges $133M Loan to Recapitalize Luxury Apartment Community in Skokie, Illinois

by Kristin Harlow June 10, 2026

SKOKIE, ILL. — BWE has arranged a $133 million first mortgage loan to recapitalize The Henry at Harms Woods, a 294-unit apartment community with 8,000 square feet of ground-floor retail space in Skokie. Daniel Rosenberg and Logan Petersmeyer of BWE arranged the financing on behalf of the sponsor, a joint venture between Tucker Development and Wingspan Development Group. Sourced from an institutional bank lender, the loan enables ownership to lower their cost of capital from the construction financing while maintaining the flexibility needed to complete lease-up and stabilize the asset. Completed in late 2025, The Henry at Harms Woods features 245 apartment units and 49 for-rent townhomes with attached two-car garages. Amenities include a pool, courtyard, fitness center, work-from-home spaces and direct access to hundreds of acres of surrounding natural open space.

June 10, 2026

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