Loans

JLL Arranges Loan for Refinancing of 160,904 SF Office Building in Princeton

by Taylor Williams October 27, 2026

PRINCETON, N.J. — JLL has arranged a $15.3 million loan for the refinancing of a 160,904-square-foot office building in Princeton. The four-story building at 500 College Road E was constructed in 1984 and renovated in 2022 and now offers amenities such as a café, fitness center, employee lounge with games and a multimedia conference and training facility. Michael Klein, Gregory Nalbandian, Nazario Paragano and Kevin Badger of JLL arranged the four-year, fixed-rate loan through an undisclosed life insurance company. The borrower is a partnership led by Bergman Real Estate Group.

October 27, 2026

Kentucky Loans Mixed-Use Southeast

Newmark Arranges Recapitalization of Fritz Farm Mixed-Use Center in Lexington, Kentucky

by John Nelson October 27, 2026

LEXINGTON, KY. — Newmark has arranged the recapitalization of the ownership structure at Fritz Farm, a 330,077-square-foot mixed-use destination in Lexington. Developer-operator Kimco Realty is now a preferred equity partner at the development, which Hendricks Commercial Properties purchased last year from a partnership between Swift Creek Real Estate Partners and Centennial Real Estate Management LLC. Additionally, funds managed by Blackstone provided $104 million in financing for the recapitalization. Conor Lalor of Newmark represented Hendricks Commercial in the transaction. Chris Kramer and Dan Axelson, also with Newmark, arranged the Blackstone financing. Originally called The Summit at Fritz Farm, the 36-acre campus was delivered by Birmingham, Ala.-based Bayer Properties in 2017. The property houses retail brands including Whole Foods Market, Pottery Barn, Arhaus, Orangetheory Fitness, Apple, Lovesac, Carhartt, Warby Parker, Starbucks, CRU Food & Wine Bar, Williams-Sonoma and Shake Shack, as well as apartments and offices. The property also includes approximately six acres available for future development and development rights for additional retail and residential components. Not included in the transaction were Fritz Farm’s seniors housing community and hotel.

October 27, 2026

Development Loans Multifamily Southeast Tennessee

PCCP Provides $71M Construction Loan for Multifamily Project in Spring Hill, Tennessee

by John Nelson October 27, 2026

SPRING HILL, TENN. — PCCP has provided a $71 million senior construction loan for the development of Crossings Boulevard, a 360-unit apartment community located at 4101 Legacy Point Trail in Spring Hill, about 37 miles south of downtown Nashville. The borrower, a joint venture between Embrey Partners and Southstar Development, plan to deliver the community by first-quarter 2028. Plans for Crossings Boulevard include 216 one-bedroom apartments and 144 two-bedroom units across four floorplans, as well as a conference room, micro-offices, fitness studio and yoga room, resort-style pool with cabanas, shaded outdoor kitchen with grills, dog park, pet spa and grooming station, coffee bar, EV charging stations and a secure, 24/7 package room. The 14-acre site will house three-story, garden-style apartment buildings within a larger 213-acre master-planned community that will also feature a hotel, 17 acres of recreational space and more than 400,000 square feet of commercial space.

October 27, 2026

Loans Multifamily New York Northeast

MMCC Arranges $9.8M Acquisition Loan for Brooklyn Apartment Building

by Taylor Williams October 26, 2026

NEW YORK CITY — Marcus & Millichap Capital Corp. (MMCC) has arranged a $9.8 million acquisition loan for an 11-unit apartment building in Brooklyn’s Williamsburg neighborhood. The building at 235-237 Kent Ave. includes ground-floor retail space above three levels of apartments. Bradley Buzil of MMCC arranged the nonrecourse loan, which carries a five-year term and a fixed interest rate, on behalf of the undisclosed buyer. The direct lender was also not disclosed.

October 26, 2026

District of Columbia Loans Multifamily Southeast

Affinius Capital Originates $97.9M Refinancing for Multifamily Community in D.C.

by Abby Cox October 26, 2026

WASHINGTON, D.C. — Affinius Capital has originated a $97.9 million loan for the refinancing of The Lydian, a 324-unit apartment community located in Washington D.C.’s Mount Vernon Triangle submarket. Chris Hew and Susan Carras of JLL arranged the loan on behalf of the borrower, a joint venture between affiliates of locally based Quadrangle Development Corp. and The Wilkes. Co. Built in 2018, The Lydian comprises studio, one- and two-bedroom apartments ranging in size from 544 to 1,215 square feet. Amenities include a fitness center with a private yoga/training studio; an indoor-outdoor penthouse community space with extensive seating, a chef’s kitchen and private dining room; resort-style rooftop swimming pool and sun deck with grilling stations; landscaped interior courtyard; dog washing stations; secure bike room; and a controlled-access parking garage with 155 spaces.

October 26, 2026

Acquisitions Georgia Loans Multifamily Southeast

CBRE Arranges $83M Acquisition Loan for Luxury Multifamily Community in Atlanta’s Buckhead District

by Abby Cox October 26, 2026

ATLANTA — CBRE has arranged $83 million in acquisition financing for AMLI Lenox, a 391-unit luxury multifamily community located in Atlanta’s Buckhead district. Robert LaChapelle and Blake Cohen of CBRE secured the loan through New York Life on behalf of the owner, ORIX Corp. Shea Campbell, Ahish Cholia, Colleen Hendrix and Don Hoffman of CBRE represented the seller, AMLI Residential, in the transaction. Rebranded as Akari Buckhead, the apartment tower rises 24 stories and serves as a centerpiece for AMLI’s 1,302-unit, four-property campus that surrounds the 1.5-acre Marie Sims Park. The community, which was 96 percent occupied at the time of financing, offers studio, one-, two- and three-bedroom floorplans, as well as penthouses. Amenities include laundry services, a pet play area, pet washing station, electric vehicle charging stations and onsite retail, management and maintenance services.

October 26, 2026

California Loans Multifamily Western

Northmarq Arranges $95.8M Refinancing for 1,461-Unit Southern California Multifamily Portfolio

by Amy Works October 26, 2026

LOS ANGELES — Northmarq has arranged $95.8 million in refinancing for a six-property, 1,461-unit multifamily portfolio owned and operated by E&S Ring Management Corp. across Southern California. Nathan Prouty, Andrew Slaton and John Holt of Northmarq arranged the financing through Voya Investment Management. The transaction refinances existing debt across the portfolio, including four loans originally placed with Voya in 2007. Structured as six separate, non-cross-collateralized loans, the financing combines fixed- and floating-rate structures, interest-only payments and flexible prepayment provisions. The new financing addresses upcoming maturities while preserving flexibility for E&S Ring across the portfolio. The portfolio includes the 168-unit Case Granada and 183-unit Sunset Barrington Gardens in Brentwood, the 117-unit Meadows South in Culver City, the 400-unit Mountain Vista in Victorville, the 317-unit Rancho Los Feliz and the 276-unit Villa Vicente in Mid-Wilshire.

October 26, 2026

Acquisitions Loans Michigan Midwest Retail

MMCC Arranges $25M Acquisition Loan for Retail Property in Troy, Michigan

by Kristin Harlow October 26, 2026

TROY, MICH. — Marcus & Millichap Capital Corp. (MMCC) has arranged $25 million in financing for the acquisition of a 62,364-square-foot retail property in Troy. Todd Phillips of MMCC arranged the loan through a national bank. It features a seven-year term, 6.1 percent interest rate and 30-year amortization period. The property, located near I-75, is home to several national restaurants and retailers.

October 26, 2026

Acquisitions Loans Midwest Multifamily Ohio

Byline Bank Provides $17.5M in Financing for Multifamily Property in Columbus

by Kristin Harlow October 26, 2026

COLUMBUS, OHIO — Byline Bank’s Commercial Real Estate Group has provided a $17.5 million term loan to The Schirm Firm to finance the acquisition of Trotters Park, a multifamily property located at 720 Michigan Ave. in Columbus. The community is situated in an infill pocket between downtown Columbus and The Ohio State University. A citywide walking and bike trail borders the property. Sarah Hunter, Mason Tittle, Matt Smith and Eric Estela of Byline Bank handled the transaction.

October 26, 2026

Industrial Loans New Jersey Northeast

JLL Arranges Acquisition Financing for Industrial Outdoor Storage Facility in Union, New Jersey

by Taylor Williams October 22, 2026

UNION, N.J. — JLL has arranged an undisclosed amount of acquisition financing for an industrial outdoor storage (IOS) facility in the Northern New Jersey community of Union. The facility at 1200 Springfield Road includes an 18,500-square-foot maintenance building with a clear height of 16 feet and five drive-in doors. Michael Klein, Max Custer, Nazario Paragano and Kevin Badger of JLL arranged the loan on behalf of the buyer, New York-based investment firm Ridgecut Road. An undisclosed regional bank provided the loan.

October 22, 2026

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