Loans

Berkadia Arranges $33.8M Refinancing for Seniors Housing Community in Bozeman, Montana

by Amy Works January 26, 2026

BOZEMAN, MONT. — Berkadia has arranged $33.8 million in refinancing for Bozeman Lodge, an independent and assisted living community located in Bozeman. Oregon-based Radiant Senior Living is the borrower. Ed Williams, Steve Muth, Austin Sacco, Garrett Sacco and Alec Rosenfeld of Berkadia secured the financing from a debt fund on behalf of Radiant. The 2.5-year loan features interest-only payments for the full term. The transaction marks the debt fund lender’s first loan within the seniors housing sector.

January 26, 2026

Illinois Loans Midwest Retail

NewMark Merrill Receives $36M Loan for Refinancing of Shopping Center in Melrose Park, Illinois

by Kristin Harlow January 26, 2026

MELROSE PARK, ILL. — NewMark Merrill has received a $36 million loan for the refinancing of Winston Plaza, a shopping center in Melrose Park. NewMark Merrill acquired the property in 2008 and completed an extensive remodeling and repositioning. Since the end of COVID, the center has received more than 100,000 square feet of new merchants, including a Cermak grocery store, Ross Dress for Less, Burlington, JD Sports, Sistar Beauty and an expanded Five Below store. Kostas Kavayiotidis of Pacific Southwest Realty and Bryan Gortikov of Gortikov Capital arranged the refinancing loan with Wells Fargo for long-term debt from Mutual of Omaha. Sandra Kist and Josh Ginsborg represented NewMark Merrill on an internal basis.

January 26, 2026

Acquisitions Development Loans New York Northeast Top Stories

Newmark Arranges $218M in Financing for Office-to-Residential Conversion Project in Manhattan

by Taylor Williams January 26, 2026

NEW YORK CITY — Newmark has arranged $218 million in financing for the acquisition and office-to-residential conversion of 101 Greenwich Street in downtown Manhattan. Apollo Global Management provided the funds to the borrower, a partnership between Quantum Pacific and MetroLoft Developers. According to the property website, 101 Greenwich Street was originally constructed in the early 20th century and spans 480,000 rentable square feet. Neither a timeline for construction nor information on residential floor plans or amenities was announced, but the New York Business Journal reports that the new complex will have 614 units. Jordan Roeschlaub, Christopher Kramer and Holden Witkoff led the debt placement efforts for Newmark on behalf of ownership. Adam Spies and Adam Doneger, also with Newmark, represented the seller, institutional investment firm BentallGreenOak, in the $105 million sale of the property. According to the deal team, 101 Greenwich Street is a viable office building for residential conversion due to certain design features, such as U-shaped floor plates, extensive window lines, strong natural light and above-average ceiling heights. — Taylor Williams

January 26, 2026

Hospitality Loans Texas

Largo Capital Arranges $13.2M Loan for Refinancing of Houston Hotel

by Taylor Williams January 23, 2026

HOUSTON — Largo Capital, a financial intermediary based in upstate New York, has arranged a $13.2 million loan for the refinancing of a 125-room hotel in Houston. The specific name and address of the hotel were not disclosed, but the property is operated under the Homewood Suites by Hilton brand. The undisclosed borrower will use a portion of the proceeds to fund capital improvements. Ben Blanton and Max Downing led the transaction for Largo Capital.

January 23, 2026

Loans New Jersey Northeast Office

CBRE Arranges $58M Loan for Refinancing of Office Complex in Short Hills, New Jersey

by Taylor Williams January 23, 2026

SHORT HILLS, N.J. — CBRE has arranged a $58 million loan for the refinancing of a two-building, 320,000-square-foot office complex in Short Hills, about 25 miles west of New York City. The property, which was 95 percent leased at the time of sale, offers amenities such as a fitness center with a yoga and meditation room, cafeteria and shuttle service to nearby public transit lines. Brad Zampa and Mike Walker of CBRE arranged the five-year, floating-rate loan on behalf of the owner, Columbia Pacific Advisors. An undisclosed, East Coast-based institutional real estate lender provided the funds.

January 23, 2026

California Loans Multifamily Washington Western

Mesa West Capital Originates $201.5M Loan Package for mResidences Portfolio Acquisition

by Amy Works January 23, 2026

LOS ANGELES — Mesa West Capital has provided a joint venture between Interstate Equities Corp. and PGIM with a $201.5 million loan package for the previously announced acquisition of the mResidences Portfolio. The four properties, located in Mountain View, Redwood City and Sunnyvale, Calif., and Seattle, offer a total of 564 units. Eastdil Secured arranged the financing.

January 23, 2026

Kentucky Loans Multifamily Southeast Walker & Dunlop

Walker & Dunlop Arranges $96.7M Refinancing for Three Multifamily Communities in Louisville

by Abby Cox January 23, 2026

LOUISVILLE, KY. — Walker & Dunlop has arranged a $96.7 million loan for the recapitalization of three newly constructed multifamily communities totaling 640 units in Louisville. The multifamily portfolio includes Belmond Flats (240 units), Cedar Creek Flats (168 units) and Glengrove Apartments (232 units). Jonathan Zilber, Joel Chetner and Josh Geller of Walker & Dunlop secured three floating-rate, interest-only loans through an institutional lender on behalf of the borrower, Highgates Group. Proceeds will be used to repay existing debt, fund closing costs and return capital to investors.

January 23, 2026

Data Centers Industrial Loans Midwest Missouri

Patmos Receives $100M C-PACE Loan for Redevelopment of Kansas City Star Building into Data Center

by Kristin Harlow January 23, 2026

KANSAS CITY, MO. — Patmos Holdings Inc., a provider of internet infrastructure, data center and hosting services, has received a $100 million C-PACE (Commercial Property Assessed Clean Energy) loan from PACE Loan Group for the ongoing redevelopment of the former Kansas City Star building into a data center and artificial intelligence (AI) campus. When the next phase of infrastructure upgrades is complete this spring, the 421,112-square-foot, four-story Patmos AI Campus will feature 35 megawatts of power. The C-PACE loan will fund energy-efficient infrastructure improvements. Patmos initially started construction in late 2024. Since then, two publicly traded tenants have inked multi-year leases with Patmos. Located at 1601 McGee St. in downtown Kansas City on the site that had been previously declined by the Kansas City Royals for its new stadium, the 5-acre campus is part of a significant retrofit project. In addition to creating AI data halls, Patmos will also convert nearly 150,000 square feet of the building into a multi-tenant technology hub, coworking and event space. The C-PACE proceeds will be used for energy efficiency, equipment, HVAC and plumbing improvements to support the data center’s cooling and electrical load. The project is slated for completion in March. Rafi Golberstein of …

January 23, 2026

Illinois Loans Midwest Multifamily Seniors Housing

MONTICELLOAM Provides $60M in Bridge Financing for Illinois Skilled Nursing Portfolio

by Kristin Harlow January 23, 2026

ILLINOIS — MONTICELLOAM LLC, a specialized seniors housing and multifamily bridge lending platform, has provided $60 million in bridge financing for a five-property skilled nursing portfolio in Illinois. Karina Davydov of MONTICELLOAM originated the loan on behalf of the borrower, which operates more than a dozen skilled nursing facilities in Illinois. The borrower will use the loan proceeds to acquire the portfolio of more than 620 licensed beds.

January 23, 2026

Indiana Loans Midwest Retail

MMCC Arranges $7.6M in Financing for Retail Center in Suburban Indianapolis

by Kristin Harlow January 23, 2026

FRANKLIN, IND. — Marcus & Millichap Capital Corp. (MMCC) has arranged $7.6 million in financing for Franklin Commons, an 85,980-square-foot retail center at 1010 N. Morton St. in Franklin, about 20 miles south of Indianapolis. Garrett Fierstein of MMCC secured the financing with a local bank on behalf of the borrower. The five-year loan features a 6.5 percent interest rate, 25-year amortization period and a 70 percent loan-to-value ratio. Anchored by Kroger, the property is also home to Marshalls, Ross Dress for Less, PetSmart and Five Below.

January 23, 2026

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