Loans

Cushman & Wakefield Arranges $250M Refinancing for 506-Unit Multifamily Property in Seattle

by Amy Works August 21, 2026

SEATTLE — Cushman & Wakefield has arranged a $250 million refinancing for Museum House, an apartment community in Seattle. Dave Karson, Christopher Moyer, Alex Lapidus and Meredith Crawford of Cushman & Wakefield represented the sponsor, a pension trust, in arranging the financing, which was provided by Barging. Completed in 2025, Museum House features 506 studio, one-, two- and three-bedroom residences, including 404 market-rate apartments and 102 income-restricted affordable homes through Seattle’s Multifamily Tax Exemption program. The property consists of two residential towers connected by a glass-enclosed skybridge approximately 300 feet above ground. Community amenities include a rooftop pool and hot tub, an indoor/outdoor fitness center, coworking spaces, resident lounges, a creative kitchen, pet amenities and wellness programming. Additionally, the community offers 6,010 square feet of ground-floor retail space.

August 21, 2026

Colorado Loans Multifamily Western

Newmark Secures $45.9M in FHA Financing for Two Multifamily Communities in Grand Junction, Colorado

by Amy Works August 21, 2026

GRAND JUNCTION, COLO. — Newmark has arranged $45.9 million in FHA-insured financing for two apartment communities in Grand Junction. Kelley Klobetanz of Newmark arranged the HUD Section 223(f) financings on behalf of the undisclosed borrowers. The properties include Nexus Apartments, a 122-unit asset completed in 2024, and The Eddy Apartments, a 96-unit property completed in 2022. Nexus Apartments features a mix of walk-up apartment buildings and townhome-style residences, a clubhouse, lounge, game room, community garden, barbecue area and outdoor gathering spaces. Located along the Colorado River, The Eddy offers riverfront trail access and amenities through a shared-use agreement with the adjacent Camp Eddy RV park.

August 21, 2026

Development Loans Multifamily Texas

Associated Bank Provides $50.1M Construction Loan for Multifamily Project in Flower Mound, Texas

by Taylor Williams August 21, 2026

FLOWER MOUND, TEXAS — Associated Bank has provided a $50.1 million construction loan for Aura Brookview, a 300-unit multifamily project in Flower Mound, located in the northern-central part of the metroplex. The site spans 10 acres within the 240-acre Brookview master-planned community, and the development will consist of four four-story buildings. Floor plans were not disclosed. Residences will be furnished with stainless steel appliances, quartz countertops and in-unit washers and dryers. Amenities will include a pool, fitness center, coworking space, a dog park and outdoor grilling and dining stations. The borrower is Dallas-based Trinsic Residential Group. A tentative completion date was not announced.

August 21, 2026

Loans Multifamily Texas

CBRE Arranges Loan for Refinancing of 181-Unit Apartment Complex in San Antonio

by Taylor Williams August 21, 2026

SAN ANTONIO — CBRE has arranged a loan of an undisclosed amount for the refinancing of a Citadel Urban, a 181-unit apartment complex in San Antonio’s Westover Hills submarket. Citadel Urban was completed in 2024 and consists of two three-story buildings on a 5.5-acre site. Units come in one-, two- and three-bedroom floor plans, and amenities include a pool, fitness center, coworking space, coffee bar, resident lounge and outdoor grilling and dining stations. John Fenoglio and Brock Hudson of CBRE arranged the loan on behalf of the owner, Houston-based Cambridge Development Group. The direct lender was not disclosed.

August 21, 2026

Acquisitions Connecticut Industrial Loans Maryland Top Stories

Realterm, Starwood Provide $672M Financing for 78-Property Industrial Outdoor Storage Portfolio

by Abby Cox August 21, 2026

GREENWICH, CONN. AND ANNAPOLIS, MD. — Realterm and Starwood Property Trust (NYSE: STWD) have provided a $672 million loan for an industrial outdoor storage (IOS) portfolio spanning 33 markets. The 78-property portfolio, which is owned by affiliates of Atlanta-based Stonemont and New York City-based Cerberus Capital Management, stretches 830 acres. Stonemont and Cerberus will continue to own and operate the properties. The proceeds will refinance an existing $486 million mortgage, return a portion of the money to primary investors and fund closing costs. Eastdil Secured Savills arranged the transaction. Additional details of the deal, including the portfolio’s location and tenant information, were not disclosed. The IOS sites support fleet parking, equipment storage and other logistics activities. According to the press release, the loan is recognized as the largest financing deal of its kind in the IOS sector. “This financing marks a significant milestone for our credit platform and underscores our ability to execute sophisticated solutions that drive industry-making deals,” says Paul Sisson, head of credit at Realterm. “Borrowers are continuing to seek lenders with a deep understanding of the industrial real estate and logistics sectors.” Realterm acquires, develops, finances and manages differentiated real estate and infrastructure assets serving global land, air, …

August 21, 2026

Loans Multifamily Texas

Dwight Capital Provides Two HUD-Insured Loans Totaling $95.5M for Refinancing of Corpus Christi Apartments

by Taylor Williams August 20, 2026

CORPUS CHRISTI, TEXAS — New York City-based Dwight Capital has provided two HUD-insured loans totaling $95.5 million for the refinancing of a pair of garden-style apartment complexes in Corpus Christi. In the first deal, Dwight originated a $48.2 million loan for La Joya by Azali, a waterfront property that consists of 336 units across 14 buildings. In the second transaction, Dwight funded a $47.3 million loan for Azali Heights, which features 312 units across 13 buildings. The properties, which were built in 2015 and 2024, respectively, both offer one-, two- and three-bedroom units with private patios and balconies and amenities such as pools, business centers, fitness centers, dog parks and playgrounds. Proceeds from both loans were used to retire existing debt, fund property enhancements, cover closing costs and establish replacement reserve accounts for future capital improvements. Andrew Tichy of Dwight originated both loans through HUD’s 223(f) program. The borrower was Azali Homes.

August 20, 2026

Development Loans Multifamily New York Northeast

Dwight Mortgage Trust Provides $55M Construction Loan for Multifamily Project in Kaser, New York

by Taylor Williams August 20, 2026

KASER, N.Y. — Dwight Mortgage Trust, the affiliate REIT of New York City-based Dwight Capital, has provided a $55 million construction loan for a 104-unit multifamily project that will be located at 10 Ashel Lane in Kaser, about 40 miles northwest of New York City. The property will feature one-, two-, three-, and four-bedroom units and 45,000 square feet of ground-floor commercial space that will be home to a grocery store and urgent care clinic. Steven Hersko of The SHB Group arranged the loan on behalf of the borrower, Sky Equity Group. A tentative completion date was not announced.

August 20, 2026

Features Loans Southeast Southeast Feature Archive

C-PACE Financing Is Meeting the Moment

by John Nelson August 20, 2026

The cat is out of the bag for Commercial Property Assessed Clean Energy financing, or C-PACE. C-PACE financing executions across the country totaled a little more than $2 billion in both 2023 and 2024, according to PACENation, which tracks and advocates for C-PACE financing. The nonprofit association hasn’t published the final numbers for 2025 yet, but CNBC reports that Nuveen Green Capital closed more than $2 billion in C-PACE loans across 53 deals last year alone. “In less than a decade, C-PACE has grown from a niche, nuanced product to institutionally recognized,” says Rafi Golberstein, founder and CEO of PACE Loan Group (PLG), a C-PACE lender based in Minneapolis with regional offices in New York City, San Diego and Chicago. “That’s both a result of the growth of the industry to this point and what’s fueling its next phase. As the clientele has moved from mostly regional developers to include the large, national developers, the deal size has increased as well.” Earlier this year, PLG secured a $100 million C-PACE loan for Patmos, an artificial intelligence (AI) data center operator. The company is converting a glass-encased building in downtown Kansas City that once housed the operations of The Kansas City …

August 20, 2026

Arizona Loans Retail Western

CBRE Arranges $45.8 Million Loan for Refinancing of Scottsdale Towne Center

by Matthew Auchincloss August 19, 2026

SCOTTSDALE, ARIZ. — CBRE has arranged a $45.8 million loan for the refinancing of Scottsdale Towne Center, a 168,090-square-foot power center located at 15444 N. Frank Lloyd Wright Blvd. in Scottsdale. The center is nearly 100 percent leased and is anchored by TJ Maxx, Ross and Mountainside Fitness and shadow-anchored by Target. Shaun Moothart, Bruce Francis, Doug Birrell, Bob Ybarra and Nick Santangelo of CBRE Capital Markets’ Debt and Structured Finance team secured a five-year, fixed-rate, full-term interest-only loan on behalf of the owner, who acquired the property in 2021.

August 19, 2026

Colorado Loans Retail Western

ABMAR Investments Receives $5.7M Loan for Refinancing of Union Square Shopping Center in Colorado Springs

by Amy Works August 19, 2026

COLORADO SPRINGS, COLO. — ABMAR Investments has received a $5.7 million loan for the refinancing of Union Square Shopping Center, a retail property located at 5035-5069 N. Academy Blvd. in Colorado Springs. Andrew Deaver, Rob Bova and Tom Gilliland of JLL Capital Markets arranged the three-year, floating-rate loan on behalf of ABMAR Investments, which will use a portion of the proceeds to fund upcoming improvements for tenant Crunch Fitness, along with additional capital expenditures. Built in 1978 and renovated in 2005, Union Square features 69,347 square feet of retail space and 582 surface parking spaces on 8.3 acres. At the time of sale, the shopping center was 98 percent leased to 13 tenants, including Crunch Fitness, Chipotle Mexican Grill, Edward Jones, 7Brew Coffee and Big 5 Sporting Goods.

August 19, 2026

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