Thursday, October 23, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Loans

IndustrialLoansSoutheastVirginia

JLL Secures $81.9M Refinancing for New Industrial Facility in Winchester, Virginia

by John Nelson

WINCHESTER, VA. — JLL has secured an $81.9 million loan for the refinancing of One Logistics Park Building 2, a 1 million-square-foot industrial facility located at 1251 Coverstone Drive in Winchester, a city in the northern tip of Virginia near the borders of Maryland, Pennsylvania and West Virginia. The property sits along I-81 less than 14 miles from the 161-acre Virginia Inland Port in Front Royal, Va. The borrower, The Meridian Group, delivered One Logistics Park Building 2 earlier this year and recently secured a lease with an unnamed crane, rigging and hauling service provider. Rob Carey, Chris Hew, Gus Caiola and Patrick Wu arranged the construction take-out loan through an entity managed by Argentic Investment Management LLC. The industrial building features 40-foot clear heights, 753 car parking spaces, 177 loading dock positions, 269 trailer parking spaces, 8,000 amps of power, LED lighting and tilt-up concrete walls with textured paint finishes. The building also features 33 dock positions, 67 additional manual dock doors and 77 knockout positions available for future tenant customization.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsFloridaLoansMultifamilySoutheastWalker & Dunlop

Walker & Dunlop Provides $47.8M Agency Loan for Mason Stuart Apartments in Southeast Florida

by John Nelson

STUART, FLA. — Walker & Dunlop has provided a $47.8 million Fannie Mae loan for the acquisition of Mason Stuart, a 270-unit apartment community located at 4585 S.E. Federal Highway in Stuart, a city in Southeast Florida’s Martin County. The borrower was Raia Capital Management. Craig West of Walker & Dunlop originated the fixed-rate, interest-only loan. Built in 2023, Mason Stuart features a mix of one-, two- and three-bedroom units, as well as a resort-style pool area, 24-hour fitness center with a yoga and spin room, an outdoor gathering pavilion, fenced dog park and multi-purpose walking trails.

Continue Reading
FacebookTwitterLinkedinEmail
HealthcareLoansTexas

CBRE Arranges Permanent Financing for 258,000 SF Medical Office Portfolio in Dallas, Houston

by Taylor Williams

DALLAS — CBRE has arranged an undisclosed amount of permanent financing for a portfolio of 11 medical office buildings totaling roughly 258,000 square feet in the greater Dallas and Houston areas. The portfolio was 81 percent leased at the time of the loan closing to 37 tenants, including St. Luke’s Health System and Texas Children’s Hospital. Zack Holderman, Jesse Greshin, Chris Bodnar, Brannan Knott, Mindy Berman and Cole Reethof of CBRE arranged the debt on behalf of the owner, Pinecroft Realty. The direct lender was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMassachusettsMultifamilyNortheastRhode Island

Walker & Dunlop Provides $356.4M Agency Refinancing of New England Multifamily Portfolio

by Taylor Williams

BOSTON — Walker & Dunlop has provided a $356.4 million Freddie Mac loan for the refinancing of a portfolio of four multifamily properties totaling 1,817 units in New England. The portfolio comprises Royal Crest Marlboro, a 473-unit property located west of Boston; Royal Crest Warwick, a 492-unit community in Rhode Island; Waterford Village, a 588-unit asset located south of Boston; and Wexford Village, a 264-unit complex in Worcester. The properties were all built between 1970 and 1974. Craig West led the Walker & Dunlop team that originated the financing on behalf of the borrower, an affiliate of Harbor Group International.

Continue Reading
FacebookTwitterLinkedinEmail
Sturges-Ridge-of-Fairfield
ConnecticutLoansMultifamilyNortheastSeniors Housing

BWE Funds $35.3M Agency Permanent Loan for Seniors Housing Complex in Fairfield, Connecticut

by Taylor Williams

FAIRFIELD, CONN. — Cleveland-based commercial finance firm BWE has funded a $35.3 million Freddie Mac permanent loan for Sturges Ridge of Fairfield, a 99-bed seniors housing complex located in southern coastal Connecticut. The property opened in 2018, houses 88 units and offers assisted living and memory care services. Amenities include game/activity lounges, a fitness and wellness center, private dining room, library with computer stations, full-service salons and a pet therapy program. Taylor Mokris and Ryan Stoll of BWE originated the 10-year, fixed-rate loan on behalf of the undisclosed borrower.

Continue Reading
FacebookTwitterLinkedinEmail
15-Broad-St.-Boston
LoansMassachusettsNortheastOffice

JLL Arranges $8M in Financing for Downtown Boston Office Building

by Taylor Williams

BOSTON — JLL has arranged $8 million in financing for a 75,000-square-foot office building located at 15 Broad St. in downtown Boston. The 10-story building was originally constructed in 1910. Amy Lousararian and Hugh Doherty of JLL arranged the five-year, fixed-rate loan through MountainOne Bank. The borrower, local owner-operator Broder, plans to use proceeds to fund capital improvements, including a redesign of the lobby, upgrading of common areas and the introduction of a new amenity package.

Continue Reading
FacebookTwitterLinkedinEmail
Ridian-Apts-Denver-CO
Affordable HousingColoradoLoansMultifamilyWestern

Trailbreak Partners Receives $37.1M Refinancing for Denver Multifamily Property

by Amy Works

DENVER — Trailbreak Partners has obtained $37.1 million in construction takeout financing for Ridian Apartments, a 132,000-square-foot multifamily community in Denver. Rob Bova led the JLL Capital Markets Debt Advisory team that secured the floating-rate loan through an insurance company’s debt fund for the borrower. Completed in 2025, Ridian Apartments features 123 studio, one- and two-bedroom apartments, including 12 affordable units restricted to households earning up to 80 percent of the area median income. Units feature premium finishes, including chef-inspired kitchens with quartz countertops, stainless steel appliances, custom cabinetry, in-unit washers/dryers, frameless glass shower doors and keyless entry, with select units offering private patios or balconies. Community amenities include a resort-style pool and hot tub, rooftop lounge with 360-degree mountain and city views, a fitness center and clubhouse with coworking spaces. Additionally, the property offers covered garage parking, 24-hour security monitoring and package lockers.

Continue Reading
FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentLoansMidwestMultifamilyOhio

Merchants Capital Secures $35.1M in Equity Financing for Affordable Housing Adaptive Reuse Project in Columbus

by Kristin Harlow

COLUMBUS, OHIO — Merchants Capital has secured $35.1 million in tax credit equity financing for Lofts at 40 Long, a project involving the adaptive reuse of a vacant YMCA building in Columbus into affordable housing. Woda Cooper Cos. Inc. and IMPACT Community Action are co-developing the property. Merchants Capital secured $18.5 million in 4 percent low-income housing tax credit (LIHTC) equity, $11.4 million in federal historic tax credits and $5.2 million in Ohio LIHTC. Ohio Housing Finance Agency allocated the federal and state housing tax credits, and the National Park Service allocated the federal historic credits. Other funding sources included the city and county, as well as agency and private sources. The project will convert a vacant YMCA building into 121 apartment units, including one studio, 72 one-bedroom units, 38 two-bedroom units and 10 three-bedroom units. The residences will be restricted to families earning between 30 and 80 percent of the area median income. The project will include the demolition of the existing boarding rooms, restroom facilities and common spaces, except for the historic areas, which will be restored according to historic requirements. Common amenities will include a basketball court and indoor play area in the former gym area, indoor …

Continue Reading
FacebookTwitterLinkedinEmail
HealthcareLoansTexas

Cushman & Wakefield Arranges $4.5M Loan for Refinancing of Houston Medical Office Building

by Taylor Williams

HOUSTON — Cushman & Wakefield has arranged a $4.5 million loan for the refinancing of Two Harbor Square, a 26,670-square-foot medical office building in Houston. The property was 94.5 percent leased at the time of the loan closing. Tyler Morss of Cushman & Wakefield arranged the loan through Amegy Bank on behalf of the owner, Miami-based healthcare investment firm Creative Equities.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMultifamilyNew YorkNortheast

ACRES Capital Provides $40.7M Loan for Refinancing of Brooklyn Apartment Building

by Taylor Williams

NEW YORK CITY — ACRES Capital has provided a $40.7 million loan for the refinancing of The Eve, a 76-unit apartment building located in the Crown Heights neighborhood of Brooklyn. The Eve is a seven-story, newly constructed building that offers elevator service and a mix of studio, one- and two-bedroom units. Amenities include a fitness center, resident lounge, children’s playroom, rooftop deck, pet washing station and various outdoor recreational spaces. The name of the borrower was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts