Thursday, July 9, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Loans

Talas-Apts-National-City-CA
CaliforniaLoansMultifamilyWestern

KIRE Group Receives $13.3M Loan for Refinancing of Multifamily Property Near San Diego

by Amy Works

NATIONAL CITY, CALIF. — KIRE Group has received $13.3 million in refinancing for Talas Apartments, a multifamily property located at 2114 E. 7th St. in National City, approximately five miles southeast of San Diego. Built in 2025, Talas Apartments features 48 studio, one- and two-bedroom units with “modern” finishes, in-unit washers and dryers and private balconies and patios. Aaron Beck and Bryce Quezada of Northmarq’s San Diego Debt + Equity team originated the financing for the borrower through Fannie Mae’s Delegatd Underwriting Services (DUS) platform. The fixed-rate loan is structured with a five-year term with full-term interest-only payments.

Continue Reading
FacebookTwitterLinkedinEmail
CaliforniaLoansRetailWestern

PSRS Arranges $6.5M Loan for Refinancing of Shopping Center in Dana Point, California

by Amy Works

DANA POINT, CALIF. — Local financial intermediary PSRS has arranged a $6.5 million loan for the cash-out refinancing of a 31,801-square-foot shopping center in Dana Point, located in Orange County. Secured through a bank relationship, the nonrecourse loan features a sub-30 percent loan-to-value ratio and a three-year, full-term interest-only structure. Michael Presser of PSRS handled the debt placement on behalf of the undisclosed borrower.

Continue Reading
FacebookTwitterLinkedinEmail
Creek-Bridge-Village-Salinas-CA
CaliforniaLoansRetailWestern

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

by Amy Works

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.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMidwestMissouriMultifamily

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

by Kristin Harlow

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.

Continue Reading
FacebookTwitterLinkedinEmail
Parc-Riverside-East
District of ColumbiaLoansMultifamilySoutheast

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

by Abby Cox

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.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsIndustrialLoansMidwestMissouri

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

by Kristin Harlow

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.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMultifamilyNew JerseyNortheast

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

by Taylor Williams

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.

Continue Reading
FacebookTwitterLinkedinEmail
IndustrialLoansNew YorkNortheast

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

by Taylor Williams

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.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMultifamilyTexas

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

by Taylor Williams

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.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts