Loans Archives - REBusinessOnline

Partnership Refinances 408-Unit Multifamily Property in Princeton, Texas

Taylor Williams — Fri, 28 Aug 2026 15:34:49 +0000

PRINCETON, TEXAS — A partnership between Core Spaces and Harrison Street Asset Management has refinanced a 408-unit multifamily property in Princeton, about 45 miles northeast of Dallas. The loan amount was not disclosed. Completed in late 2025, Oxenfree at Princeton offers a mix of rentable townhomes and detached single-family homes with private outdoor spaces and attached garages. Homes come in two-, three- and four-bedroom layouts, and amenities include a pool, fitness center, sports court and coworking space. Jonathan Firestone, Blake Thompson, Clint Frease, Travis Bailey and Josh Francis of Newmark arranged the loan through GID.

The post Partnership Refinances 408-Unit Multifamily Property in Princeton, Texas appeared first on REBusinessOnline.

JLL Arranges Loan for Refinancing of Industrial Complex in San Marcos, Texas

Taylor Williams — Fri, 28 Aug 2026 15:28:10 +0000

SAN MARCOS, TEXAS — JLL has arranged a bridge loan of an undisclosed amount for the refinancing of Clovis Crossing, a 213,125-square-foot industrial complex in San Marcos, located roughly midway between Austin and San Antonio. The two-building, 13.8-acre property features 32-foot clear heights, 60 dock doors, four drive-in ramps and 233 car parking spaces. Michael Klein, Jon Mikula, Michael Johnson, Nazario Paragano and John Beeler of JLL arranged the loan through Argentic Investment Management. The borrower, New Jersey-based investment firm Denholtz Properties, purchased Clovis Crossing in 2024.

The post JLL Arranges Loan for Refinancing of Industrial Complex in San Marcos, Texas appeared first on REBusinessOnline.

Associated Bank Provides $9M Loan for 12-Acre Retail Development in Columbus, Ohio

Matthew Auchincloss — Fri, 28 Aug 2026 15:00:00 +0000

DELAWARE, OHIO — Associated Bank has provided a $9 million loan to GTZ Properties for the development of Trailhead Crossing, a 12-acre retail property located at 1335-1131 U.S. Route 36 in Delaware, a northern suburb of Columbus. The project consists of three buildings occupied by Chik-Fil-A, Chipotle Mexican Grill and Take 5 oil change. A second, three-tenant strip center will be occupied by Dunkin’, Nothing Bundt Cakes and Pacific Dental Services. The project also contains two pad-ready sites, one of which is pending sale to a national daycare company. All Phase I tenants are expected to open by spring 2027. Phase II of the development will be anchored by a big-box national retailer.

The post Associated Bank Provides $9M Loan for 12-Acre Retail Development in Columbus, Ohio appeared first on REBusinessOnline.

JLL Arranges $39M Loan for Refinancing of Active Adult Complex in Worcester, Massachusetts

Taylor Williams — Fri, 28 Aug 2026 14:30:00 +0000

WORCESTER, MASS. — JLL has arranged a $39 million bridge loan for the refinancing of The Arbella at Bramble Hill, a 123-unit active adult complex in the central Massachusetts city of Worcester. The newly built, 17.3-acre complex offers 57 one-bedroom and 66 two-bedroom apartments with an average size of 1,049 square feet that are housed across three buildings, as well as an 8,500-square-foot clubhouse. Amenities include a fitness center, wellness spa and salon, indoor pool, bistro, great room, multimedia theater, golf simulator and outdoor grilling and dining stations. Residents also have access to onsite pickleball and bocce courts, a community garden and a dog park. Henry Schaffer and Madeline Joyce of JLL arranged the loan through Eastern Bank on behalf of the owner, The United Group of Cos.

The post JLL Arranges $39M Loan for Refinancing of Active Adult Complex in Worcester, Massachusetts appeared first on REBusinessOnline.

KeyBank Provides $22M Acquisition Loan for Tampa Student Housing Community, Borrower Plans Multifamily Conversion

Abby Cox — Fri, 28 Aug 2026 13:54:56 +0000

TAMPA, FLA. — KeyBank Real Estate Capital (KBREC) has provided a $22 million loan for the acquisition of U Lake Apartments, a 300-unit student housing community located near the University of South Florida in Tampa. Alan Isenstadt and Jack Hoffman of KBREC originated the loan on behalf of the borrower, Sharp Key Capital Fund VII, which plans to redevelop the property into a market-rate multifamily complex. Planned upgrades include the installation of property-wide HVAC systems, roofing improvements, enhanced landscaping and amenity renovations. Situated on nearly 22 acres at 14200 Bruce B. Downs Blvd. in Tampa’s University submarket, U Lake comprises 18 buildings with one- and two-bedroom floorplans, according to Apartments.com. Amenities at the property include three swimming pools, a fitness center, tennis and volleyball courts, a dog park, outdoor gathering spaces and clubhouse facilities.

The post KeyBank Provides $22M Acquisition Loan for Tampa Student Housing Community, Borrower Plans Multifamily Conversion appeared first on REBusinessOnline.

Concord Summit Capital Arranges $28M in Financing for Metro Houston Mixed-Use Project

Taylor Williams — Thu, 27 Aug 2026 14:50:47 +0000

FRIENDSWOOD, TEXAS — Florida-based intermediary Concord Summit Capital has arranged $28 million in financing for The Albritton, a 163,176-square-foot mixed-use project that is under construction in the southeastern Houston suburb of Friendswood. The Albritton is planned to feature 111 apartments, 11,000 square feet of retail space, 9,000 square feet of office space and a 72,000-square-foot parking garage. Daniel Eidson and Ben Applebaum of Concord Summit Capital originated the nonrecourse loan through an undisclosed lender on behalf of the borrower, Tannos Development Group. Completion is slated for 2028.

The post Concord Summit Capital Arranges $28M in Financing for Metro Houston Mixed-Use Project appeared first on REBusinessOnline.

Bonaventure Begins Construction on $93.3M Apartment Development in Metro Richmond

John Nelson — Thu, 27 Aug 2026 14:42:50 +0000

CHESTER, VA. — Bonaventure has begun construction on Attain at Swift Creek, a $93.3 million multifamily development located at 6805 Greenyard Road in Chester, a southern suburb of Richmond in Chesterfield County. The Alexandria, Va.-based developer obtained a $79.9 million HUD 221(d)(4) construction loan for the project. Walker & Dunlop originated the 40-year, fixed-rate loan on behalf of Bonaventure, which will finance the balance of the development costs via its balance sheet while searching for a long-term equity partner. Situated on a 31-acre site adjacent to a Kroger Marketplace-anchored shopping center, Attain at Swift Creek will feature a mix of one-, two- and three-bedroom apartments averaging 1,058 square feet in size. The project team includes KBS Inc. (general contractor), RBA Architects and Timmons Group (civil engineer). Bonaventure will name a property manager for the community at a later date.

The post Bonaventure Begins Construction on $93.3M Apartment Development in Metro Richmond appeared first on REBusinessOnline.

Northmarq Arranges $102M in Financing for 1.3 MSF Industrial Project in Baytown, Texas

Taylor Williams — Wed, 26 Aug 2026 14:50:27 +0000

BAYTOWN, TEXAS — Northmarq has arranged $102 million in financing for a 1.3 million-square-foot industrial project that will be located in the eastern Houston suburb of Baytown. The 92-acre project represents Phase II of Port 99 and will consist of three buildings with cross-dock and front-load configurations. The financing includes both debt and equity. A specific breakdown of each component was not disclosed, but the package includes a senior construction loan of an undisclosed amount from Bank OZK, a $30.4 mezzanine loan from PGIM and a joint venture equity investment from Junction Commercial Real Estate. Warren Hitchcock led the Northmarq team that arranged the financing on behalf of the developer, Provident Realty Advisors.

The post Northmarq Arranges $102M in Financing for 1.3 MSF Industrial Project in Baytown, Texas appeared first on REBusinessOnline.

Merchants Capital Provides $193M in Financing for Two Affordable Housing Projects in Rocklin, California

Amy Works — Wed, 26 Aug 2026 14:29:46 +0000

ROCKLIN, CALIF. — Merchants Capital has provided roughly $193 million in financing for The Frances and The Steven, a pair of affordable housing developments in Rocklin, about 20 miles north of Sacramento. Developed by USA Properties Fund, the communities will provide 504 new affordable apartments for seniors and families across a range of income levels. Financing for The Frances includes a $72.1 million private placement bond loan through AllianceBernstein and $76.1 million in construction period debt to bridge incoming tax credit equity and permanent bond financing provided by Merchants Bank. Financing for The Steven includes a $30.6 million private placement tax-exempt bond loan through AllianceBernstein and $15 million in construction period debt provided by Merchants Bank. The Frances will feature 324 one-, two- and three-bedroom apartments designated to residents earning 30 to 70 percent of the area median income (AMI) with fully equipped kitchens, central air conditioning and walk-in closets. Community amenities will include a pool, playground, fitness center, courtyard/picnic area, community room, dog park, computer room, service coordinator and an onsite manager. The Steven will add 180 one- and two-bedroom apartments for seniors aged 55 and up that earn between 30 and 70 percent of AMI. Nonprofit organization LifeSTEPS will…

The post Merchants Capital Provides $193M in Financing for Two Affordable Housing Projects in Rocklin, California appeared first on REBusinessOnline.

Slate Property Group Receives $86.2M Loan for Refinancing of Queens Apartment Complex

Taylor Williams — Wed, 26 Aug 2026 13:14:30 +0000

NEW YORK CITY — Locally based developer Slate Property Group has received an $86.2 million loan for the refinancing of Dutch House, a 186-unit apartment complex located in the Long Island City area of Queens. Designed by Aufgang Architects and completed in 2022, Dutch House features studio, one- and two-bedroom units and 21,000 square feet of ground-floor retail space. Roughly 30 percent (56) of the apartments are earmarked as affordable housing. Amenities include a lobby with concierge service, fitness center, recreation room with a pool table and a rooftop terrace. Aaron Appel, Jonathan Schwartz, Dustin Stolly, Keith Kurland, Adam Schwartz and Sean Bastian of Walker & Dunlop arranged the loan through Ares Capital Management on behalf of Slate, which owns the property in partnership with Avenue Realty Capital. The loan retires 2023 debt issued by Los Angeles-based PCCP.

The post Slate Property Group Receives $86.2M Loan for Refinancing of Queens Apartment Complex appeared first on REBusinessOnline.

JLL Arranges $73.5M Loan for Refinancing of Retail Power Center in McCandless, Pennsylvania

Taylor Williams — Wed, 26 Aug 2026 13:05:23 +0000

MCCANDLESS, PA. — JLL has arranged a $73.5 million loan for the refinancing of a 387,771-square-foot retail power center in McCandless, a northern suburb of Pittsburgh. McCandless Crossing was 99 percent leased at the time of the loan closing, with Lowe’s Home Improvement, T.J. Maxx, Trader Joe’s, HomeGoods and Sierra Trading serving as the anchor tenants. The overall tenant roster has a weighted average remaining lease term of 5.7 years. Nick Unkovic, Claudia Steeb and Zachary Barone of JLL arranged the five-year, fixed-rate loan through Nationwide on behalf of the owner, AdVenture Champion Partners.

The post JLL Arranges $73.5M Loan for Refinancing of Retail Power Center in McCandless, Pennsylvania appeared first on REBusinessOnline.

Partnership Receives $66.9M Loan for Refinancing of Active Adult Community in Fairway, Kansas

Kristin Harlow — Wed, 26 Aug 2026 13:03:00 +0000

FAIRWAY, KAN. — A partnership between EPC Real Estate Group and Platform Ventures has received a $66.9 million loan for the refinancing for The Fieldston, an active adult community located in Fairway, approximately 10 miles southwest of Kansas City. Completed in 2025, the property is situated on 4.6 acres and totals 209 units. Amenities at the community include a swimming pool, sun deck, pub, golf simulator, spa, coworking spaces, outdoor kitchen, outdoor lounge, putting green, exercise studio, yoga studio, pet parlor and community garden. Mark Erland, Kevin Baron and Ellie Savage of JLL arranged the financing on behalf of the borrower. The direct lender was not disclosed.

The post Partnership Receives $66.9M Loan for Refinancing of Active Adult Community in Fairway, Kansas appeared first on REBusinessOnline.

Newmark Arranges $277M Construction Loan for Jersey City Apartment Tower

Taylor Williams — Tue, 25 Aug 2026 13:00:00 +0000

JERSEY CITY, N.J. — Newmark has arranged a $277 million construction loan for 201 Hudson — by Urby, a 69-story apartment building that is being developed in Jersey City’s Paulus Hook neighborhood. The building will have 748 units in a mix of studio, one-, two- and three-bedroom floor plans, as well as 10,000 square feet of retail space. Amenities will include a pool, fitness center, social and coworking spaces and outdoor recreation areas. Jordan Roeschlaub, Chris Kramer, Holden Witkoff and Jack Fenton of Newmark arranged the loan through Truist Financial. The developer is a joint venture between Rockpoint, a Boston-based real estate private equity firm, and Urby, a hospitality-driven multifamily developer. The development was first announced this summer.

The post Newmark Arranges $277M Construction Loan for Jersey City Apartment Tower appeared first on REBusinessOnline.

Knighthead Funding Provides $65M Loan for Refinancing of Long Island Hotel, Resort

Taylor Williams — Tue, 25 Aug 2026 12:49:27 +0000

MONTAUK, N.Y. — Knighthead Funding has provided a $65 million loan for the refinancing of Marram Montauk, a 96-room hotel and resort located on the tip of Long Island. Marram Montauk was built in 1967 and renovated in 2020. Guestrooms feature private terraces and balconies, and amenities include an oceanfront pool, private cabanas, curated wellness programming and onsite food-and-beverage options. The undisclosed sponsor acquired the property in 2022 and has since expanded on the capital improvements.

The post Knighthead Funding Provides $65M Loan for Refinancing of Long Island Hotel, Resort appeared first on REBusinessOnline.

MMCC Arranges $19.6M in Financing for Travel Center in Mount Pleasant, Texas

Taylor Williams — Mon, 24 Aug 2026 15:40:05 +0000

MOUNT PLEASANT, TEXAS — Marcus & Millichap Capital Corp. (MMCC) has arranged $19.6 million in financing for a 9,557-square-foot travel center in Mount Pleasant, located in northeast Texas. The name and address of the property, which features a fuel station, restaurant and laundry facilities, were not disclosed. Ron Balys of MMCC arranged the five-year loan, which carries a 6.75 percent interest rate, through an undisclosed national bank. The borrower was also not disclosed.

The post MMCC Arranges $19.6M in Financing for Travel Center in Mount Pleasant, Texas appeared first on REBusinessOnline.

Timber Equities Receives $27.5M Loan for Refinancing of Manhattan Apartment Building

Taylor Williams — Mon, 24 Aug 2026 15:24:59 +0000

NEW YORK CITY — Locally based owner-operator Timber Equities has received a $27.5 million loan for the refinancing of The Sophia, a 60-unit apartment building in Manhattan’s Inwood neighborhood. The 11-story building was completed in fall 2025 and includes 1,700 square feet of retail space. Units come in one-, two- and three-bedroom floor plans, and amenities include a fitness center, resident lounge, package room and a rooftop deck. Max Hulsh of Institutional Property Advisors (IPA), a division of Marcus & Millichap, led the team that arranged the loan through LaSalle Investment Management on behalf of ownership.

The post Timber Equities Receives $27.5M Loan for Refinancing of Manhattan Apartment Building appeared first on REBusinessOnline.

JLL Arranges Refinancing of 48,312 SF Medical Office Building in New Providence, New Jersey

Taylor Williams — Mon, 24 Aug 2026 15:09:03 +0000

NEW PROVIDENCE, N.J. — JLL has arranged a loan of an undisclosed amount for the refinancing of a 48,312-square-foot medical office building in New Providence, about 25 miles west of New York City. Murray Hill Medical Office Building was 95 percent leased at the time of the loan closing, with Atlantic Health Group and New Providence Dentistry serving as the anchor tenants. Ryan Carroll and Matthew McManus of JLL arranged the loan through an undisclosed life insurance company on behalf of the owner, MEARJ Properties.

The post JLL Arranges Refinancing of 48,312 SF Medical Office Building in New Providence, New Jersey appeared first on REBusinessOnline.

Gantry Arranges $24.4M Agency Permanent Loan for Colorado Springs Apartment Building

Amy Works — Mon, 24 Aug 2026 13:33:00 +0000

COLORADO SPRINGS, COLO. — Gantry has secured a $24.4 million permanent loan as construction takeout financing for The Edison at Chapel Hills, a multifamily property in Colorado Springs’ Briargate neighborhood. Joe Monteleone and Bonnie Monteleone of Gantry represented the borrower, a private real estate investor. The 10-year, non-recourse, fixed-rate loan was secured from Freddie Mac and includes partial term interest only then 35-year amortization. Situated on 7 acres at 970 Menlo Park Point, The Edison at Chapel Hills, features three four-story buildings offering a total of 171 studio, one-, two- and three-bedroom floor plans. In-home amenities include high ceilings, modern kitchens, premium vinyl plank flooring and washers/dryers. Community amenities include a heated pool, 24-hour fitness center, golf simulator, pet spa, dog park, EV charging and garage parking.

The post Gantry Arranges $24.4M Agency Permanent Loan for Colorado Springs Apartment Building appeared first on REBusinessOnline.

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

Amy Works — Fri, 21 Aug 2026 15:17:14 +0000

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 Barings. 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.

The post Cushman & Wakefield Arranges $250M Refinancing for 506-Unit Multifamily Property in Seattle appeared first on REBusinessOnline.

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

Amy Works — Fri, 21 Aug 2026 15:15:25 +0000

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.

The post Newmark Secures $45.9M in HUD Financing for Two Multifamily Communities in Grand Junction, Colorado appeared first on REBusinessOnline.