Loans

Cushman & Wakefield Arranges $300M in Permanent Financing for Northern New Jersey Industrial Buildings

by Taylor Williams June 4, 2025

LINDEN, N.J. — Cushman & Wakefield has arranged $300 million in permanent financing for Buildings 300, 400 and 700 within Linden Logistics Center in Northern New Jersey. Linden Logistics Center is a newly completed development that was 94 percent leased at the time of the loan closing to tenants such as Samsung Electronics America, Vanguard Logistics, Fabuwood Cabinetry and OCM Globe. Buildings at the property feature a mix of front-load and cross-dock configurations as well as clear heights of 40 feet. John Alascio, Alex Hernandez, Chuck Kohaut, T.J. Sullivan and Mitch Rothstein of Cushman & Wakefield arranged the fixed-rate debt on behalf of the borrower, a partnership between Advance Realty Investors and Greek Real Estate Partners. The direct lender was not disclosed.

June 4, 2025

Arizona California Florida Loans Multifamily Western

JLL Secures $255.3M Refinancing for TruAmerica, Oaktree Capital Management Multifamily Portfolio

by Amy Works June 4, 2025

LOS ANGELES — TruAmerica Multifamily and Oaktree Capital Management, both based in Los Angeles, have received a loan for approximately $255.3 million to refinance four multifamily properties. JLL Capital Market’s debt advisory team represented the borrower and was led by President Kevin Mackenzie and Managing Directors Annie Rice and Brandon Smith. The JLL team arranged a five-year, floating-rate loan through a national bank. The portfolio includes three Florida properties: Arbors at Carrollwood in Tampa and Audubon Park and Alcove Orlando in Orlando. In Arizona, the portfolio features Luxe Scottsdale. The properties were built between 2001 and 2017.

June 4, 2025

Arizona Hospitality Loans Walker & Dunlop Western

Walker & Dunlop Arranges $86M Refinancing for Caesars Republic Scottsdale Hotel in Arizona

by Amy Works June 4, 2025

SCOTTSDALE, ARIZ. — Walker & Dunlop has arranged an $86 million loan to refinance the Caesars Republic Scottsdale, a Hilton Hotel. Walker & Dunlop Arizona Capital Markets, led by Jim Pierson and Keaton Merrell, partnered with Walker & Dunlop New York Capital Markets, led by Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Ari Hirt and Christopher de Raet, to arrange the loan as an exclusive advisor to HCW Development. A regional bank provided the financing. Jay Morrow and Carter Gradwell of Walker & Dunlop Hospitality guided HCW throughout the process, working in collaboration with the capital markets teams. Opened in March 2024, the 11-story hotel offers 265 guest rooms, including five exclusive top-floor penthouse suites with panoramic views, outdoor terraces and full kitchens, alongside 28 luxury suites. Amenities include three restaurants, two pools and more than 20,000 square feet of event space, including a 7,000-square-foot ballroom that opens to Cleopatra’s Pool & Bar and the 3,000-square-foot Camelback Veranda and several conference rooms. Caesars Republic Scottsdale is the first non-gaming hotel by Caesars Entertainment in the United States and represents a partnership between Caesars Entertainment, Hilton Hotels and HCW.

June 4, 2025

Loans Multifamily Oklahoma Texas

Red Oak Capital Provides $5.7M Bridge Loan for Downtown Oklahoma City Apartment Complex

by Taylor Williams June 3, 2025

OKLAHOMA CITY — Red Oak Capital Holdings has provided a $5.7 million bridge loan for Penn Grand Apartments, a 105-unit multifamily complex in Oklahoma City. Located in the downtown area, the property consists of 14 two-story buildings on a 3.7-acre site. Nick Jans, Thomas Gorski and James Myatt of Red Oak Capital originated the two-year loan, which was placed by Sean Reilly of Regions Bank. The borrower, Gideon Properties, an investment firm that specializes in distressed assets, will use the proceeds to retire existing debt and rehabilitate units that were damaged by fire.

June 3, 2025

Loans Multifamily South Carolina Southeast

Mesa West Capital Provides $50.4M Refinancing for Ames Apartments in Metro Charleston

by John Nelson June 3, 2025

SUMMERVILLE, S.C. — Mesa West Capital has provided a $50.4 million loan for the refinancing of The Ames, a new Class A apartment community located in Summerville, a suburb of Charleston. Walker Layne and Austin Sneed of Walker & Dunlop arranged the financing on behalf of the borrower, Woodfield Development, which delivered the 304-unit property in 2024. Pamir Niaz led Mesa West Capital’s New York-based origination team in the deal. The Ames is located at 3800 Zephyr Road within the Nexton master-planned community and features a mix of studio, one-, two- and three-bedroom layouts. Amenities include a resort-style pool with poolside cabanas and grilling stations, an outdoor amphitheater, resident lounge, fitness center, pickleball courts and a dog park.

June 3, 2025

Loans Multifamily New Jersey Northeast

Greystone Provides $80M Loan for Refinancing of Northern New Jersey Apartment Community

by Taylor Williams June 3, 2025

ROSELLE PARK, N.J. — Greystone has provided an $80 million bridge loan for the refinancing of Meridia Roselle Park 10, a 325-unit apartment community located in the Northern New Jersey borough of Roselle Park. According to Apartments.com, the property offers one- and two-bedroom units that range in size from 582 to 952 square feet. Drew Fletcher and Miryam Reinitz-Kops of Greystone originated the loan, which was structured with a two-year term and a floating interest rate, on behalf of the borrower, Capodagli Property Co.

June 3, 2025

Development Loans Office Texas

JLL Secures Construction Debt, JV Equity for West Houston Office Project

by Taylor Williams June 2, 2025

HOUSTON — JLL has secured an undisclosed amount of construction debt and joint venture equity for Autry Park One, a 127,651-square-foot office project that will be located along Allen Parkway and the Buffalo Bayou in West Houston. Autry Park One will offer private offices, meeting space, mid-building outdoor decks, an indoor/outdoor rooftop deck, fitness facility and 10,500 square feet of retail space. Colby Mueck, Cortney Cole and Kevin McConn of JLL worked with Hanover Co. and LOCAL to secure joint venture equity for the project and separately arrange a syndicated construction loan with two regional banks.

June 2, 2025

Development Hospitality Loans Mixed-Use Southeast Tennessee

Concord Summit Capital Secures $25M Loan for Park Place Equinox Hotel Tower in Downtown Nashville

by John Nelson June 2, 2025

NASHVILLE, TENN. — Concord Summit Capital has secured a $25 million bridge loan for Park Place Equinox, a hotel tower located within the 2.1-acre Park Place master-planned community in downtown Nashville. The loan will refinance an existing acquisition facility and provide pre-development funding for the project that will support final design and entitlement work. Kevin O’Grady, David Larson and Keegan Burger of Concord Summit’s Miami office arranged the financing on behalf of the co-developers, The Congress Group and Taurus Investment Holdings. The hospitality tower will be one of the first new developments branded and operated by Equinox Hotels. Plans for Park Place Equinox will include an 18,000-square-foot Equinox Club and spa, rooftop pool and lounge and exclusive resident amenities. At full build-out, the three-tower Park Place development will feature a 239-unit luxury condominium tower, 245-room hotel, 480-unit apartment building, more than 25,000 square feet of ground-floor retail space, a 962-space underground parking garage and 50,000 square feet of elevated park and open green space. Park Place is currently in pre-development phases, with vertical construction anticipated to begin in 2026.

June 2, 2025

California Loans Retail Western

PSRS Arranges $40M Refinancing of 245,000 SF Shopping Center in Los Angeles

by Amy Works June 2, 2025

LOS ANGELES — PSRS has arranged a $40 million loan for the refinancing of La Alameda Shopping Center, a 245,000-square-foot property located in the Los Angeles neighborhood of Walnut Park. The 18.3-acre center comprises six building clusters and features Spanish architecture, pedestrian-friendly courtyards, plaza spaces, outdoor seating and a fountain. Tenants at the property include Ross Dress For Less, CVS Pharmacy, Marshalls, Don Chente Bar & Grill, Wingstop, Dollar Tree, Chuck E. Cheese, Panda Express, GameStop, Cold Stone Creamery, Petco and Bath & Body Works. Kostas Kavayiotidis, Mike Davis and Jacob Lee of PSRS arranged the nonrecourse CMBS loan, which carries a 10-year term.

June 2, 2025

Loans Office Texas

Jefferson Bank Provides $6.3M in Financing for Northwest Austin Office Park

by Taylor Williams May 30, 2025

AUSTIN, TEXAS — Regional lender Jefferson Bank has provided $6.3 million in financing for Volente Crossing, an office park in northwest Austin. The undisclosed borrower will use proceeds to refinance existing debt and complete construction. Volente Crossing is a 5.5-acre development with 10 individual sites for vertical development, each designed to accommodate a 4,800-square-foot office building. The park currently consists of one completed, fully leased office building, two shell structures and seven office pad sites. Upon full build-out, the park will feature approximately 48,000 square feet of office space across three completed buildings and seven pad sites.

May 30, 2025

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