Loans

Gantry Arranges $15.4M in Financing for Two Retail Properties in Monterey Bay Region

by Amy Works July 2, 2026

SALINAS AND CAPITOLA, CALIF. — Gantry has arranged $15.4 million in permanent loans to refinance two separately owned neighborhood retail properties located at different ends of the Monterey Bay region. Tom Dao and Jake Davis of Gantry represented the borrowers, both private real estate investors. The first property, Creek Bridge Village in Salinas, features 35,000 square feet of retail space and 17 apartments spread across five buildings. The 10-year, fixed-rate nonrecourse loan was secured from one of Gantry’s correspondent life company lenders and features a 30-year amortization. Gantry will service the loan for the lender. The second property, Brown Ranch Marketplace in Capitola, features 85,000 square feet of retail space that is anchored by Trader Joe’s. The property received a 10-year, fixed-rate loan from a regional bank. The loan features a 25-year amortization with prepayment flexibility.

July 2, 2026

Loans Midwest Missouri Multifamily

Gantry Arranges $32.5M Permanent Loan for Kansas City Multifamily Property

by Kristin Harlow July 2, 2026

KANSAS CITY, MO. — Gantry has arranged a $32.5 million permanent loan as construction takeout financing for the Edison at Tiffany Springs, a multifamily community delivered in 2022 in Kansas City’s Tiffany Springs/Northland area. The property features seven three-story buildings offering 243 units in a variety of floor plans. Amenities include a clubhouse, pool, pickleball court, golf simulator, walking paths and a mix of 72 garages and 337 surface parking spots. Joe Monteleone and Bonnie Monteleone of Gantry represented the borrower, a private real estate investor. The Freddie Mac loan features a 10-year, fixed interest rate with partial-term interest-only payments followed by a 35-year amortization.

July 2, 2026

District of Columbia Loans Multifamily Southeast

PCCP Provides $61.3M Loan to Refinance 287-Unit Apartment Community in Washington, D.C.

by Abby Cox July 2, 2026

WASHINGTON, D.C. — PCCP has provided a $61.3 million loan to refinance Parc Riverside East, a 287-unit luxury apartment community located in the Navy Yard neighborhood of Washington, D.C. PGIM and Kennedy Wilson were the borrowers. Built in 2014, Parc Riverside East spans 13 stories and features a range of floorplans including studio, one-bedroom and two-bedroom configurations. Amenities at the property include a fitness center; rooftop swimming pool with sun decks and panoramic views; courtyard spaces with lounge seating; fire pits; grills; bocce courts; a clubroom with private dining and an entertainment kitchen; a pet salon; and a lobby.

July 2, 2026

Acquisitions Industrial Loans Midwest Missouri

Northmarq Secures $13.7M Bridge Loan for Innerbelt Business Center in Metro St. Louis

by Kristin Harlow July 1, 2026

OVERLAND, MO. — Northmarq has secured $13.7 million in acquisition financing for Innerbelt Business Center, a 191,925-square-foot flex/showroom property in Overland near St. Louis. Lucas Goring and Andy Finn of Northmarq arranged the financing on behalf of Fountain Real Estate Capital through a regional bank. The five-year loan features three years of interest-only payments along with future funding. The property is close to stabilization, but Fountain will look to push rents to market as leases reach expiration, according to Northmarq.

July 1, 2026

Loans Midwest Multifamily Ohio

Bernard Financial Group Arranges $7M Loan for Refinancing of Ohio Multifamily Property

by Kristin Harlow July 1, 2026

KETTERING, OHIO — Bernard Financial Group has arranged a $7 million permanent loan for the refinancing of a 250-unit multifamily property in Kettering, an inner suburb of Dayton. Joshua Bernard arranged the loan through a life insurance company on behalf of the borrower, Fox Hunt Owner LLC.

July 1, 2026

Loans Multifamily New Jersey Northeast

Madison Realty Capital Provides $61M Bridge Loan for Northern New Jersey Apartment Complex

by Taylor Williams July 1, 2026

NORTH BERGEN, N.J. — Madison Realty Capital has provided a $61 million bridge loan for Braddock Park West, a 10-story apartment building located outside of New York City in North Bergen. Completed earlier this year, Braddock Park West features 135 units in studio, one- and two-bedroom floor plans with an average size of 801 square feet. Amenities include a fitness center, coworking lounge and a rooftop terrace. Jordan Casella, Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz and Cole Grims of Walker & Dunlop arranged the floating-rate loan on behalf of the owner, Sanz Property Management.

July 1, 2026

Industrial Loans New York Northeast

Largo Capital Arranges $17.5M Permanent Loan for Buffalo Industrial Building

by Taylor Williams July 1, 2026

BUFFALO, N.Y. — Locally based financial intermediary Largo Capital has arranged a $17.5 million permanent loan for a 275,000-square-foot industrial building in Buffalo. The building, the address of which was not disclosed, was built in the early 2000s and can support both warehouse and manufacturing uses. The direct lender and borrower were not disclosed. Jack Phillips led the transaction for Largo Capital. The building was fully leased at the time of the loan closing.

July 1, 2026

Loans Multifamily Texas

Red Oak Capital Provides $3.4M Bridge Loan for Killeen Apartment Complex

by Taylor Williams June 30, 2026

KILLEEN, TEXAS — Red Oak Capital Holdings has provided a $3.4 million bridge loan for Cedar Creek Apartments, a 60-unit multifamily complex located in the Central Texas city of Killeen. Built in the early 1960s and renovated in 2024, Cedar Creek is a 15-building complex with one- and two-bedroom units. Nick Jans of Red Oak arranged the 12-month loan through Regions Bank on behalf of the borrower, JCORE. Proceeds will be used to fund the acquisition of the property and subsequent capital improvements.

June 30, 2026

Affordable Housing Loans Multifamily Washington Western

Great Expectations Receives Construction Financing for 102-Unit Affordable Housing Project in Puyallup, Washington

by Amy Works June 29, 2026

PUYALLUP, WASH. — Great Expectations, a Seattle-based affordable housing developer, has received an undisclosed amount of construction financing for Addison Grove, a 102-unit affordable housing project in Puyallup, 36 miles south of Seattle. According to the Washington State Housing Finance Commission, the project cost is approximately $34.2 million. Great Expectations acquired the site in April, but a construction timeline for the development has not be released. All units will be rent restricted for residents earning between 50 and 80 percent of area median income, guaranteed for 60 years. Addison Grove was financed without tax credits, instead leveraging a subordinate loan from the Washington Family Housing Fund and recycled tax-exempt bonds. The structure preserves affordability by pairing 60-year income restrictions with lower-cost tax-exempt debt and forgivable subordinate capital, reducing the amount of conventional debt the property must support through rent revenue. CBRE and Heritage Bank are permanent lenders.

June 29, 2026

Industrial Loans New Jersey Northeast

Cushman & Wakefield Arranges Financing for IOS Facility in South Plainfield, New Jersey

by Taylor Williams June 29, 2026

SOUTH PLAINFIELD, N.J. — Cushman & Wakefield has arranged an undisclosed amount of acquisition financing, as well as joint venture equity, for an approximately 8-acre industrial outdoor storage (IOS) facility in South Plainfield, about 40 miles southwest of New York City. The facility at 200 Saint Nicholas Ave. houses two maintenance facilities totaling 10,000 and 20,000 square feet. John Alascio, T.J. Sullivan and Chris Meloni led the transaction for Cushman & Wakefield on behalf of the sponsor, Ridgecut Road.

June 29, 2026

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