Loans

KKR Provides $160.2M Loan for Refinancing of Queens Apartment Tower

by Taylor Williams February 5, 2026

NEW YORK CITY — Global private equity firm KKR has provided a $160.2 million loan for the refinancing of QLIC, a 21-story, 421-unit apartment tower in the Long Island City area of Queens. The unit mix consists of 55 studios, 297 one-bedroom apartments, 53 two-bedroom residences and 16 three-bedroom units. Amenities include 24-hour concierge service, a fitness center, rooftop pool with cabanas, landscaped courtyard, media lounge and a communal workspace. The building also houses 7,987 square feet of ground-floor retail space. Christopher Peck, Lauren Kaufman and Michael Shmuely of JLL arranged the loan on behalf of the owner, a partnership between two New York-based firms, World Wide Group and Rabina.

February 5, 2026

Loans Multifamily New Jersey Northeast

JLL Arranges $72M Loan for Refinancing of Jersey City Apartment Complex

by Taylor Williams February 5, 2026

JERSEY CITY, N.J. — JLL has arranged a $72 million loan for the refinancing of The Hazel, a 201-unit apartment complex in Jersey City. The Hazel was developed in two phases, with Phase I comprising 114 units that were delivered in early 2022 and Phase II consisting of 87 units that were completed in late 2024. The Hazel offers studio, one- and two-bedroom floor plans with an average size of 747 square feet, with 11 units set aside as affordable housing. Amenities include a sky lounge, rooftop pool, fitness center and coworking space, and the property also houses 9,588 square feet of commercial space. Thomas Didio, Thomas Didio Jr., Michael Mataras and Tyler Caricato of JLL arranged the five-year, fixed-rate loan through Truist Bank. The borrower is a partnership between two local developers, Alpine Residential and Fields Grade.

February 5, 2026

Georgia Loans Southeast Student Housing

Walker & Dunlop Arranges $43M Refinancing for Student Housing Community Near Georgia Tech

by John Nelson February 5, 2026

ATLANTA — Walker & Dunlop has arranged a $43 million loan for the refinancing of The Hive, a 307-bed student housing community located adjacent to the Georgia Tech campus in Midtown Atlanta. Israel Leiner led the Walker & Dunlop team that arranged the loan on behalf of the borrower, Dezure Development. Walker & Dunlop Investment Partners provided the interest-only bridge loan. Located at 566 Centennial Olympic Park Drive NW, The Hive offers 100 fully furnished units alongside shared amenities including study lounges and fitness facilities, as well as a courtyard with an infinity pool and a rooftop lounge. The property opened in fall 2025.

February 5, 2026

California Loans Multifamily Western

IPA Secures $52M in Financing for 98-Unit Arista Glendale Multifamily Property in California

by Amy Works February 5, 2026

GLENDALE, CALIF. — IPA Capital Markets, a division of Marcus & Millichap, has arranged $52 million in financing for Arista Glendale, a multifamily property at 520 N. Central Ave. in Glendale. Stefen Chraghchian of IPA Capital Markets secured the financing with Dwight Capital. The nonrecourse loan features a five-year, interest-only term at a 67.5 percent loan-to-value ratio. Arista Glendale features 98 two- and three-bedroom apartments with in-unit laundry, a 24/7 fitness center, swimming pool with a spa and private cabanas, a resident lounge, an outdoor firepit and barbecue area, a billiards gaming area and parking.

February 5, 2026

Arizona Loans Multifamily Western

Knighthead Funding Arranges $11M Refinancing for Apartment Community in Tempe, Arizona

by Amy Works February 5, 2026

TEMPE, ARIZ. — Knighthead Funding has arranged an $11 million refinancing loan for The Heights on Lemon, a multifamily property in Tempe. The loan will refinance the existing facility and provide financial flexibility to the borrower, 1224 Lemon LLC, and its sponsor, Robert La France. With more than 11 years of multi-state real estate investor experience, La France acquired The Heights on Lemon in 2021. Built in 1976 and fully renovated in 2021, The Heights on Lemon features 65 apartments spread across four buildings. The property was 98 leased at the time of financing. The asset offers 84 parking spaces, a community pool and in-unit washers/dryers. Reuben Hedaya and Noah Schulman of Pivot Real Estate represented the borrower.

February 5, 2026

Development Industrial Iowa Loans Midwest

Associated Bank Arranges $84M Construction Loan for Manufacturing Facility in Altoona, Iowa

by Kristin Harlow February 5, 2026

ALTOONA, IOWA — Associated Bank has arranged an $84 million loan for the construction of a 622,788-square-foot heavy manufacturing facility in Altoona. Enclave is the developer and borrower. The loan was arranged and led by Associated Bank as administrative agent with syndicate lenders First National Bank of Omaha and Wintrust Financial. The project is a build-to-suit for Robinson Inc. to provide flexible production capacity for metal bending, large format cutting, metal forming, welding, fabricating and assembly, and electrical integration. Marking its first manufacturing facility outside of Wisconsin, Robinson will now have close to 1.4 million square feet of manufacturing space across Wisconsin and Iowa to better serve its energy sector customers. The City of Altoona is investing $9 million for infrastructure improvements, and Robinson will invest $76 million for upgrades. The plant will create more than 100 new jobs when completed in early 2027. Valor Contracting, a division of Enclave, is the general contractor. John Rent of Associated Bank handled the loan arrangements and closing.

February 5, 2026

Loans Multifamily New Jersey Northeast

Cushman & Wakefield Arranges $85.5M Agency Loan for Refinancing of Northern New Jersey Apartments

by Taylor Williams February 4, 2026

FORT LEE, N.J. — Cushman & Wakefield has arranged an $85.5 million Fannie Mae loan for the refinancing of FIAT House, a 309-unit apartment complex in the Northern New Jersey community of Fort Lee. The newly constructed property consists of two buildings that rise 12 and 13 stories and house one- and two-bedroom units. Amenities include a golf simulator and cinema room, a landscaped rooftop deck with cabanas and fire pits, a library, a gym, coworking areas and private offices. John Alascio, Chuck Kohaut and Chris Meloni of Cushman & Wakefield arranged the 10-year loan through Greystone on behalf of the owner.

February 4, 2026

Industrial Loans New York Northeast Self-Storage

Nuveen Real Estate Provides $47M in Financing for Manhattan Self-Storage Facility

by Taylor Williams February 4, 2026

NEW YORK CITY — Nuveen Real Estate has provided $47 million in first mortgage financing for Storage Post East Village, a 1,959-unit self-storage facility in Manhattan’s East Village. The landmarked building at 444 E. 10th St. was originally constructed in 1928 as the Wheatsworth Building. Storage Post and its equity partner, Almanac Realty Investors, acquired the building in 2022 and redeveloped it to support storage use. Today, the facility features 78,812 net rentable square feet of entirely climate-controlled space. Steven Klein and Robert Tonnessen of JLL arranged the loan through Nuveen on behalf of ownership.

February 4, 2026

California Loans Multifamily Student Housing Western

Article Student Living Receives Refinancing for 720-Unit Student Housing Property Near UC Berkeley

by Amy Works February 4, 2026

BERKELEY, CALIF. — Article Student Living, an operating platform of QuadReal Property Group, has received refinancing for IDENTITY Logan Park, a two-phase student housing community serving the University of California, Berkeley. JLL Capital Markets secured financing with funds managed by Oaktree Capital Management for the borrower. Totaling 720 beds, IDENTITY Logan Park I and II are located at 2050 Durant Ave. and 2370 Durant Ave., less than half a mile from UC Berkeley’s campus in downtown Berkeley. The community features two buildings completed in 2022 and 2023 with a total of 204 studio, one-, two- and three-bedroom apartments. Units feature stainless steel appliances, in-unit washers/dryers and smart TVs. Community amenities include a 24-hour fitness center, rooftop sky lounge, study spaces and a dedicated campus shuttle service for residents.

February 4, 2026

Healthcare Idaho Loans Western

Gantry Secures $21.2M Refinancing for Two Medical Office Buildings in North Idaho

by Amy Works February 4, 2026

COEUR D’ALENE AND SANDPOINT, IDAHO — Gantry has secured a total of $21.2 million in two permanent loans to refinance maturing debt for a pair of medical office buildings in Coeur d’Alene and Sandpoint. The financing included a $9.7 million loan for a 38,000-square-foot property located at 423 N. Third Ave. in Sandpoint and an $11.5 million loan for a 60,000-square-foot facility at 1919 Lincoln Way in Coeur d’Alene. Both assets feature outpatient and family medicine providers tied to local hospital systems. Demetri Koston and Abi Hunter of Gantry’s Inland Northwest production team represented the single borrower, a private real estate investor, for both loans. The five-year, fixed-rate loans were provided by a single pension fund lender from Gantry’s roster of debt sources and include prepayment flexibility after a 30-year amortization.

February 4, 2026

Newer Posts

Older Posts