Loans

JLL Arranges $73.2M Refinancing for Shopping Center Portfolio in Chandler, Arizona

by Amy Works October 21, 2025

CHANDLER, ARIZ. — JLL Capital Markets has arranged $73.2 million in permanent financing for the Chandler Shopping Center Portfolio, a two-property retail portfolio in Chandler. JLL represented the borrower, a joint venture managed by a real estate investment trust, in securing the five-year, fixed-rate loans through a national bank. The financing was structured as one loan secured by two mortgages: $51 million for Chandler Festival and $22.2 million for Chandler Gateway. The portfolio encompasses 616,639 square feet of retail space along Chandler Boulevard. TJ Maxx, Ross Dress for Less, Nordstrom Rack and PetSmart are tenants at the 354,548-square-foot Chandler Festival. The 262,091-square-foot Chandler Gateway is anchored by Walmart and Hobby Lobby. Kevin MacKenzie, Jon Mikula, Jason Carlos, Quin Madden and Tyler Naughten of JLL represented the borrower in the financing.

October 21, 2025

Hospitality Illinois Loans Midwest

Walker & Dunlop Arranges $92M Refinancing for Hiltons at McCormick Place Hotel in Chicago

by Kristin Harlow October 21, 2025

CHICAGO — Walker & Dunlop Inc. has arranged a $92 million loan for the refinancing of the Hiltons at McCormick Place, a tri-branded hotel connected to the McCormick Place Convention Center in Chicago. The 23-story, 466-room property is the first and only tri-branded Hilton select-service hotel in the United States, combining Hilton Garden Inn, Hampton Inn and Home2 Suites offerings. The concept unites two of Hilton’s upscale select-service brands with an extended-stay concept. Guests have access to two hotel-operated food and beverage outlets, three ground-floor food and beverage offerings, an indoor pool, fitness center and attached skybridge. Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Dustin Stolly, Jordan Casella and Cole Grims of Walker & Dunlop arranged the loan on behalf of McHugh Enterprises Inc. and First Investors LLC. Access Point Financial Inc. provided the floating-rate loan, which features interest-only payments.

October 21, 2025

Loans Multifamily Texas

Gantry Arranges $9.3M Loan for Refinancing of Houston Apartment Building

by Taylor Williams October 20, 2025

HOUSTON — Gantry, a commercial mortgage banking firm based in San Francisco, has arranged a $9.3 million loan for the refinancing of a 112-unit apartment building located at 5400 Memorial Drive, just west of downtown Houston. Known as Memorial Tower, the nine-story building offers studio, one- and two-bedroom units and amenities such as a pool, clubhouse, speakeasy lounge, fitness center, pickle ball court and a dog park. A regional bank provided the 10-year loan to a private investor, with both parties requesting anonymity. Jeff Matlock and Claire Jones led the transaction for Gantry.

October 20, 2025

Acquisitions Industrial Loans Texas

Colliers Brokers Sale of 6.9-Acre Industrial Outdoor Storage Facility in Northwest Houston

by Taylor Williams October 20, 2025

HOUSTON — Colliers has brokered the sale of a 6.9-acre industrial outdoor storage facility in northwest Houston. The facility at 14333 Sommermeyer St. features 80,295 square feet across two buildings as well as additional outdoor storage space. Jason Tangen and Barrett Gibson of Colliers represented the undisclosed seller in the deal. C.W. Sheehan, Jack Britton, Peyton Ackerman and Nate Henderson of JLL arranged acquisition financing on behalf of the buyer, Apricus Realty Capital, which was represented by Paul Dominique of Colliers.

October 20, 2025

Industrial Loans New York Northeast

Värde Partners Provides $125M Loan for Refinancing of Brooklyn Industrial Building

by Taylor Williams October 20, 2025

NEW YORK CITY — Värde Partners, a Minneapolis-based lender, has provided a $125 million loan for the refinancing of an industrial building in Brooklyn. According to LoopNet Inc. the building at 630 Flushing Ave., which sits on a 7.8-acre, three-parcel site, totals roughly 575,000 square feet. The building was originally constructed in 1849 as the headquarters of Pfizer and was 88 percent leased at the time of the loan closing. Jason Gaccione and Jake Salkovitz of CBRE arranged the three-year, floating-rate loan on behalf of the owner, an affiliate of Acumen Capital Partners LLC.

October 20, 2025

Loans Massachusetts Multifamily Northeast

MMCC Arranges $5M Bridge Loan for Metro Boston Apartment Building

by Taylor Williams October 20, 2025

METHUEN, MASS. — Marcus & Millichap Capital Corp. (MMCC) has arranged a $5 million bridge loan for a 30-unit apartment building in Methuen, a northern suburb of Boston. The newly renovated building at 11 Ashton Place houses studio, one- and two-bedroom units. The nonrecourse loan carries a five-year term, a 70 percent loan-to-value ratio, a sub-6 percent interest rate and a 30-year amortization schedule. Robert Bhat of MMCC arranged the loan. The direct lender and borrower were not disclosed.

October 20, 2025

Colorado Industrial Loans Western

JLL Secures $99.3M Refinancing for 25 North Industrial Complex in Metro Denver

by Amy Works October 20, 2025

THORNTON, COLO. — JLL Capital Markets has secured $99.3 million in refinancing for 25 North, a Class A industrial complex in Thornton. Eric Tupler, John Rose and Emily Goldsberry of JLL worked on behalf of Sagard Real Estate, a subsidiary of the global alternative asset management platform Sagard, to secure a loan through a debt fund. Situated on 66.3 acres, the 936,775-square-foot industrial asset consists of nine buildings constructed between 2020 and 2024. The property features clear heights ranging from 28 feet to 32 feet, 205 dock-high doors, 34 drive-in doors and 1,770 parking spaces. The development offers flexible configurations with suite sizes ranging from 14,262 square feet to 135,000 square feet. The properties offer accommodations for both single and multi-tenant operations for warehouse, distribution and showroom uses.

October 20, 2025

Loans Multifamily Southeast Top Stories

Walker & Dunlop Provides $238.4M Agency Refinancing of Mixed-Use Apartment Building in Miami

by Taylor Williams October 20, 2025

MIAMI — Walker & Dunlop has provided a $238.4 million Freddie Mac loan for the refinancing of Forma Miami, a 588-unit mixed-use apartment building in the city’s Edgewater neighborhood. The Walker & Dunlop team that originated the financing included Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Dustin Stolly, Sean Reimer, Michael Stepniewski and Michael Ianno. The borrower is local developer Crescent Heights. Specific loan terms were not disclosed. Rockwell Group and Arquitectonica designed Forma Miami to have condo-style interior finishes, along with 85,000 square feet of indoor and outdoor amenity space that includes a 10,000-square-foot fitness pavilion, both lounging and lap pools, a dog lounge, pickleball court, meditation room, sports bar/beer garden, game room and a rooftop terrace with a private bar/lounge. Forma Miami also has an entire floor that functions as a dedicated coworking lounge. Residences at Forma Miami come in studio, one-, two- and three-bedroom and range in size from 485 to 1,980 square feet. Units feature various pieces of smart-home technology, private terraces, floor-to-ceiling windows, quartz countertops, white oak cabinetry and individual washers and dryers. Amenities include a 10,000-square-foot fitness pavilion, both lounging and lap pools, a dog Lounge, pickleball court, meditation room, sports bar/beer garden, game room and a rooftop terrace with a private …

October 20, 2025

Acquisitions Florida Loans Multifamily Southeast

Newmark Arranges $70M Sale, Financing of 300-Unit Multifamily Community in West Palm Beach, Florida

by Abby Cox October 17, 2025

WEST PALM BEACH, FLA. — Newmark has arranged the $70 million sale of Visions of Willow Pond, a 300-unit, garden-style multifamily community located in West Palm Beach. Tal Frydman and Hampton Beebe of Newmark represented the seller, Bar Investment Group, in the transaction. Jim Badolato, Mike McKee and Kippy Donovan, also with Newmark, secured a $50 million Freddie Mac loan to finance the purchase of the property on behalf of the buyer, Morgan Properties. The buyer plans to implement a capital improvement program at the property to enhance community amenities and upgrade units. Situated at 4860 Sand Stone Lane, Visions at Willow Pond totals 17 buildings and features one- and two-bedroom floorplans ranging in size from 521 square feet to 1,064 square feet, according to Apartments.com. Amenities at the property include a resort-style swimming pool, sundeck, 24-hour fitness center, tennis court, playground and clubhouse lounge.

October 17, 2025

Loans North Carolina Seniors Housing Southeast

JLL Arranges Refinancing for 200-Unit Active Adult Community in Charlotte, North Carolina

by Abby Cox October 17, 2025

CHARLOTTE, N.C. — JLL Capital Markets has arranged refinancing for Connery on Providence, a newly constructed, 200-unit active adult community located in Charlotte. Travis Anderson, Brad Woolard, Ryan Mueller and Timothy Hosmer of JLL represented the borrower, Proffitt Dixon Partners, in securing the loan through New York Life Insurance Co. The loan size was not disclosed. Completed in 2023 on nearly 13 acres, Connery on Providence features one- and two-bedroom residences across four three-story buildings. Amenities at the property include a saltwater pool, wellness and fitness center, pickleball courts, spa facilities and concierge services. The community also offers a movie lounge, an overnight guest suite, a demonstration kitchen and dog spa.

October 17, 2025

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