Loans

Gantry Secures $31M Refinancing for Value-Add Retail Property in Southern California

by Amy Works October 29, 2026

LANCASTER, CALIF. — Gantry has secured a $31 million permanent refinance for the Valley Central Shoppes, located at 44410-44690 Valley Central Way in Lancaster. Tony Kaufmann, Jake Davis and Ramza Zeiter of Gantry represented the borrower, a private real estate investor. The 10-year, fixed-rate, nonrecourse loan was secured from one of Gantry’s insurance company correspondents. Gantry will service the loan for the lender. The 174,000-square-foot inline center is part of a master-planned retail power center cluster and shadow anchored by a Walmart Supercenter and a Food 4 Less. Additional tenants includes Boot Barn, Staples, Marshalls, Five Below, Planet Fitness, Starbucks Coffee, Jersey Mike’s Subs, Black Angus Steakhouse, Ulta, Sally Beauty Supply, Lenscrafters, Calidental, America’s Tire Co. and additional entertainment, restaurant and necessities retailers.

October 29, 2026

Alabama Florida Industrial Loans Maryland North Carolina Southeast Texas Top Stories

Adler Real Estate Partners Receives $212.8M Refinancing for Sun Belt Industrial Portfolio

by Hayden Spiess October 29, 2026

MIAMI — Adler Real Estate Partners has received a $212.8 million loan for the refinancing of an eight-property industrial portfolio spanning several states in the Southeast and Texas. Together, the properties total 43 buildings and roughly 1.6 million square feet in Alabama, Florida, Maryland, North Carolina and Texas, located in markets including Austin, Dallas-Fort Worth, South Florida, Charlotte, Birmingham and the Baltimore-Washington corridor. The collection includes multi-tenant business parks and light industrial assets. At the time of financing, the properties were leased to more than 115 tenants within 22 industries, including the medical and pharmaceutical, building services, manufacturing, technology, professional services, healthcare and logistics industries. The average tenant tenure across the portfolio is 10.5 years. Melissa Rose, Michael DiCosimo, Jack Britton, Kate Rathman, Nicole Diaz and Magnus Kron of JLL Capital Markets secured the financing on behalf of the borrower. An undisclosed life insurance company provided the loan. Based in Miami, Adler Real Estate Partners specializes in acquiring and operating multi-tenant light industrial properties throughout the United States. This transaction marks the second major recapitalization for the company this year. In July, Adler secured a $343 million refinancing for a portfolio of light industrial assets, including $140 million in equity and …

October 29, 2026

Loans Multifamily Northeast Pennsylvania

CBRE Arranges $85M in Financing for Apartment Community in Downingtown, Pennsylvania

by Taylor Williams October 28, 2026

DOWNINGTOWN, PA. — CBRE has arranged $85 million in financing for Mi-Place at Downingtown, a 318-unit apartment community located on the western outskirts of Philadelphia. The property features one-, two- and three-bedroom units and amenities such as a pool, clubhouse, fitness center, pickleball courts and a dog park. Matthew Klauer and Cassandra Russell of CBRE arranged the loan through Barings on behalf of the owner, Fernmoor Homes.

October 28, 2026

Loans Multifamily Nevada Western

Dwight Investment Management Provides $73M Bridge Loan for Reno Multifamily Community

by Amy Works October 28, 2026

RENO, NEV. — Dwight Investment Management, an affiliate of Dwight Capital, has closed a $73 million bridge refinancing for Ballpark Apartments in Reno. Brandon Baksh, Tommy Ng and Talisse Thompson of Dwight Investment Management originated the loan on behalf of the borrower, a joint venture between Bridge Investment and Pacific Development. Loan proceeds were used to refinance existing senior debt, fund an interest reserve, cover transaction costs and return equity to the borrower. The 486,000-square-foot Ballpark Apartments community spans a city block in downtown Reno. The five-story property features 368 apartments, a pool, spa, 24-hour fitness center and a rooftop lounge overlooking Greater Nevada Field, a minor league baseball venue.

October 28, 2026

Development Loans Multifamily New Jersey Northeast Top Stories

PCCP Provides $163.9M Construction Loan for Multifamily Development in Paramus, New Jersey

by Kristin Harlow October 28, 2026

PARAMUS, N.J. — PCCP has provided a $163.9 million senior loan to a joint venture between Russo Development and Kushner Real Estate Group for the construction of The Paramus Chapter, a 426-unit multifamily project in suburban New York City. The joint venture acquired the land in May 2025. Construction began in July 2026, and completion is slated for the fourth quarter of 2028. The Paramus Chapter will consist of two four-story buildings over concrete podiums with 810 parking spaces and approximately 5,300 square feet of ground-floor retail space. Both buildings will have separate entrances, parking and amenities. Building A will include 166 units, comprising 138 market-rate apartments and 18 affordable units. Amenities will include an outdoor pool, 2,200-square-foot gym, game room, theater, karaoke lounge, sports simulator, rentable party room, dog run and 3,400 square feet of coworking space. Building B will feature 260 units, comprising 222 market-rate residences and 38 affordable units. Amenities will include a full-time concierge, leasing center, 2,800-square-foot gym, chef’s kitchen, gardening room and two outdoor courtyards. The project site is directly adjacent to Bergen Town Center, which features more than 1 million square feet of retail space anchored by Whole Foods Market and Target. PCCP, a …

October 28, 2026

Colorado Loans Multifamily Western

JLL Arranges $333.3M Refinancing for 1,184-Unit Multifamily Portfolio Near Denver

by Amy Works October 27, 2026

DENVER — JLL Capital Markets has arranged $333.3 million in bridge financing for Palomino Park, a 1,184-unit multifamily portfolio located in Highlands Ranch, an unincorporated, master-planned community 12 miles south of Denver. Greystar provided the floating-rate loan for the borrower, a real estate fund advised by Crow Holdings Capital. The financing, which includes $325 million at initial funding and $8.3 million in future funding for unit renovations, retired existing loans and provides capital for continued value-add projects across the three-community portfolio. The portfolio includes: The communities are anchored by the Colorado Club, a 26,000-square-foot central amenity facility with a resort-style pool, a gym with regulation basketball court and racquetball courts, a full-service bar and resident gathering areas. Additionally, the facility is surround by a 17-acre park with three tennis courts, two full-size sports fields and a playground. Since acquiring the assets in 2021, the borrower has invested significant capital in various interior and exterior capital improvements across each community. Trey Morsbach, Campbell Roche, Tony Nargi, Jarrod McCabe, Jordan Buck and Scott Cole of JLL represented the borrower in the financing.

October 27, 2026

California Hospitality Loans Western

CBRE Secures $32.8M Refinancing for Hilton Garden Inn Hotel in Cupertino, California

by Amy Works October 27, 2026

CUPERTINO, CALIF. — CBRE has arranged a $32.8 million loan for the refinancing of the Hilton Garden Inn Cupertino, located at 10741 N. Wolfe Road in Cupertino. Mike Walker, Brad Zampa, Andy Gross and Pierson Souza of CBRE arranged the financing on behalf of ownership, a partnership between Heil & Associates and Terracommercial. Built in 1988, the five-story hotel features 164 guest rooms totaling 100,110 square feet on 2.7 acres. Hotel amenities include Pavilion Cafe serving breakfast and dinner, a 24-hour Pavilion Pantry market, an outdoor pool and spa, a fitness center, guest laundry facilities, 1,650 square feet of flexible meeting space, complimentary parking and weekday shuttle service within a three-mile radius. Heil Associates and Terracommercial have owned and operated the Hilton Garden Inn Cupertino since acquiring the asset in 2007.

October 27, 2026

Industrial Loans Midwest Ohio

Cronheim Arranges $27M Refinancing for 929,119 SF Industrial Portfolio in Columbus

by Kristin Harlow October 27, 2026

COLUMBUS, OHIO — Cronheim Mortgage has arranged $27 million in refinancing across two transactions secured by four fully occupied industrial buildings totaling 929,119 square feet in Columbus. The new loans increased total proceeds by $7.5 million from the prior financing. Dev Morris and Andrew Stewart placed the financing with one of Cronheim’s correspondent insurance companies. The two loans feature 20-year terms with the interest rates resetting every five years. The larger transaction, a $20.5 million loan, is secured by three buildings totaling 770,569 square feet on Fisher Road. A $6.5 million loan is for a 158,550-square-foot facility at 4545 Groves Road.

October 27, 2026

Illinois Loans Midwest Multifamily

Associated Bank Provides $16.5M in Financing for Multifamily Property in Libertyville, Illinois

by Kristin Harlow October 27, 2026

LIBERTYVILLE, ILL. — Associated Bank has provided a $16.5 million loan toward the $22 million acquisition of Eleven5 Lake Apartments in Libertyville. The property features 34 units, 41 parking spaces and 25,147 square feet of commercial space. The apartments were 97 percent occupied at the time of acquisition. The commercial space is fully leased to five tenants: TLP Management, Egg Harbor Café, Shakou, The Board Room and Casa Bonita. Daniel Barrins of Associated Bank managed the loan arrangements and closing. Philip Galligan, Annie Thomas, Merrick Evans and Patricia Heminger of JLL arranged the debt on behalf of the undisclosed sponsor.

October 27, 2026

Loans New Jersey Northeast Office

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

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