Loans

Ameritas Investment Provides $13.5M Loan for Refinancing of Northern New Jersey Shopping Center

by Taylor Williams March 5, 2026

VAUXHALL, N.J. — Ameritas Investment Corp. has provided a $13.5 million loan for the refinancing of Millburn Village, a 71,177-square-foot shopping center in the Northern New Jersey community of Vauxhall. Millburn Village is home to 19 tenants, many of which are long-term users, with Walgreens and Staples serving as the anchors. Ryan Carroll, Tyler Caricato and Caleb Henry of JLL arranged the three-year, fixed-rate loan on behalf of the borrower, New York City-based Lightstone, which acquired the center in 2003.

March 5, 2026

SilverLake-Apartments-Belleville-New-Jersey

Acquisitions Loans Multifamily New Jersey Northeast

SYM Investments Buys Apartment Complex in Belleville, New Jersey for $80M

by Taylor Williams March 4, 2026

BELLEVILLE, N.J. — Connecticut-based SYM Investments has purchased SilverLake Apartments, a 232-unit multifamily complex in Belleville, about 10 miles west of New York City, for $80 million. Completed in early 2022, SilverLake Apartments consists of two five-story buildings that feature studio, one- and two-bedroom floor plans. Amenities include a fitness center, dog park, game room, entertainment lounge with a kitchen, rooftop terrace, business center and package lockers, as well as 17,024 square feet of commercial space that is fully leased. Mike Oliver, Steve Simonelli, Jose Cruz, Elizabeth DeVesty and Austin Pierce of JLL represented the seller, Baltimore-based developer Klein Enterprises, in the transaction. Michael Klein, Thomas Didio Jr., Gerard Quinn and Joseph Gruber, also with JLL, originated a $56 million Freddie Mac acquisition loan on behalf of SYM Investments.

March 4, 2026

Colorado Development Loans Multifamily Western

Vista Residential Partners to Develop 172-Unit Apartment Community in Littleton, Colorado

by Amy Works March 4, 2026

LITTLETON, COLO. — Vista Residential Partners has closed on financing for the development of Highline Vista, a four-story garden-style multifamily property in Littleton. Vertical construction is slated to commence in August 2026, with first residents scheduled for mid-2027 and full completion for late 2027. Situated approximately 14 miles south of downtown Denver, Highline Vista will offer 172 studio, one-, two- and three-bedroom apartments spread across three four-story residential buildings on 5.6 acres. Apartments will feature stainless steel appliances, quartz countertops, vinyl plank flooring, nine-foot ceilings, in-unit washers/dryers and open layouts. Planned community amenities will include a 3,500-square-foot clubhouse with fitness and business centers, a resort-style pool with cabanas and grilling areas, multiple outdoor amenity pavilions and a community park. Apex Multifamily Construction, a Vista affiliate, is serving as general contractor, and Rosemann Architects is designing the project.

March 4, 2026

California Loans Retail Western

PSRS Arranges $6.7M in Construction Financing for Retail Center in Carlsbad, California

by Amy Works March 4, 2026

CARLSBAD, CALIF. — PSRS has arranged $6.7 million in construction financing for a shopping center in Carlsbad. The project is a ground-up, partially preleased multi-tenant retail development. Trevan Swierczewski and Alexander Santulis of PSRS secured the nonrecourse financing, with a high-leverage structure, through a local debt fund. The financing features a 24-month term with two six-month extension options.

March 4, 2026

Acquisitions Illinois Industrial Loans Midwest

JLL Secures $35.6M in Acquisition Financing for Metro Chicago Industrial Portfolio

by Kristin Harlow March 4, 2026

CHICAGO — JLL Capital Markets has secured $35.6 million in acquisition financing for the Chicago Infill Industrial Seed Portfolio, a collection of four shallow-bay assets totaling 411,781 square feet in the O’Hare, Northwest Cook and North DuPage submarkets. Danny Kaufman, Lucas Borges, Mary Dooley, Emma Berner and Annie Thomas of JLL represented the borrower, a newly formed joint venture between Matterhorn Venture Partners and TPG Angelo Gordon U.S. Real Estate. The transaction represents the initial investment for the joint venture, which is targeting value-add Midwest industrial acquisitions. Built in the mid-1980s, the portfolio features clear heights ranging from 18 to 24 feet, 30 dock doors and four drive-in doors across the four buildings.

March 4, 2026

Development Loans Multifamily Texas

Walker & Dunlop Arranges $44.6M Construction Loan for Multifamily Project in Grand Prairie, Texas

by Taylor Williams March 3, 2026

GRAND PRAIRIE, TEXAS — Walker & Dunlop has arranged a $44.6 million construction loan for The Henley, a 255-unit multifamily project that will be located roughly midway between Dallas and Fort Worth in Grand Prairie. The Henley will offer 153 one-bedroom units and 102 two-bedroom units in addition to Class A amenities. Walker Layne, Stephen West, Matthew Wallach, Austin Sneed and Tyler Evenson of Walker & Dunlop arranged the floating-rate loan through Goldman Sachs Alternatives on behalf of the locally based developer, StoneHawk Capital Partners.

March 3, 2026

Acquisitions Florida Loans Multifamily Southeast

KeyBank Provides $22M Agency Loan for Easton Apartments in Brandon, Florida

by John Nelson March 3, 2026

BRANDON, FLA. — KeyBank Real Estate Capital has provided a $22 million Fannie Mae loan for the acquisition of The Easton, a 184-unit apartment community located at 804 Fairmaiden Lane in Brandon, about 12 miles east of Tampa. Eric Blumenthal and Cullen O’Grady of KeyBank originated the three-year loan on behalf of the borrower, a private company doing business as Easton Brandon LLC. The seller and sales price were also not disclosed. Built in 1973 and renovated in 2021, The Easton features 23 two-story residential buildings, as well as a barbecue with a picnic area, fitness center, swimming pool and tennis courts.

March 3, 2026

Loans Multifamily Texas

Berkadia Arranges $47M Loan for Refinancing of North Austin Apartments

by Taylor Williams March 2, 2026

AUSTIN, TEXAS — Berkadia has arranged a $47 million loan for the refinancing of 1900 Parmer, a 364-unit apartment community in North Austin. Developed in 2024, the property offers studio, one- and two-bedroom units that range in size from 458 to 1,270 square feet. Amenities include two pools with cabanas, a fitness center with dedicated spin and yoga studios, a lounge, package lockers and a demonstration kitchen featuring a kegerator and a billiards table. Mitch Sinberg, Scott Wadler, Brad Williamson, Matt Robbins and Patrick Johnson of Berkadia place the loan through MF1 Capital on behalf of the owner, California-based Griffin Capital.

March 2, 2026

Acquisitions Loans Maryland Multifamily Southeast

Colliers Arranges $232.7M in Acquisition Financing for 1,225-Unit Multifamily Portfolio in Maryland

by Abby Cox March 2, 2026

SUITLAND and LARGO, MD. — Colliers has arranged 232.7 million in acquisition financing for a three-property multifamily portfolio located in Prince George County. 29th Street Capital and Willton purchased the property for an undisclosed price. Shahin Yazdi and Jonathan Lee of Colliers arranged the five-year, fixed-rate loan on behalf of the buyers. The full-term, interest-only loan features a 70 percent loan-to-purchase price. Loan proceeds reassigned existing tax increment financing (TIF) agreements associated with Allure Apollo and Aspire Apollo. Allure Apollo and Aspire Apollo are adjacent multifamily communities located in Suitland, Md., and operate as a single residential campus totaling 801 units. The properties feature a mix of studio, one-, two- and three-bedroom units with a full suite of tenant amenities. Ascend Apollo, located approximately 10 miles away along I-495 near the Joint Base Andrews military facility in Largo, comprises 424 units with a similar unit mix and similar amenities such as a resort-style swimming pool with a sundeck, clubhouse, business center and fitness center, among others.

March 2, 2026

Loans New York Northeast Office Top Stories

Cushman & Wakefield, Greystone Arrange $800M Refinancing of Midtown Manhattan Office Building

by Taylor Williams March 2, 2026

NEW YORK CITY — Cushman & Wakefield and Greystone Capital Advisors have co-arranged an $800 million loan for the refinancing of 550 Madison Avenue, a 41-story, roughly 685,000-square-foot office building in Midtown Manhattan. The borrower is The Olayan Group, a family-owned international investment firm. A consortium of lenders led by Rothesay, a pension insurance company based in the United Kingdom, and ING Capital provided the debt. Several other lending institutions and insurance companies, including Crédit Agricole CIB, BBVA, BNP Paribas, Société Générale and Chubb, also participated in the financing. John Alascio, Gideon Gil, Alexander Hernandez, Alex Lapidus, Zach Kraft, Meredith Donovan and Cecelia Galligan led the transaction for Cushman & Wakefield. The team collaborated with Greystone’s Drew Fletcher, Bryan Grover and Jesse Kopecky to place the debt on behalf of ownership. According to Wikipedia, the building was originally constructed in 1984 as the headquarters of AT&T Corp. and would later house the headquarters of Sony. Olayan Group acquired 550 Madison Avenue in 2016 and subsequently implemented a $300 million capital improvement program. Designed by Norwegian architecture firm Snøhetta, the renovation repositioned the former single-tenant headquarters building into a multi-tenant workplace destination. Building features include a triple-height lobby, a half-acre public …

March 2, 2026

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