Property Type

April Housing Underway on $19.3M Renovation of McKinney Affordable Housing Complex

by Taylor Williams October 27, 2026

MCKINNEY, TEXAS — April Housing, Blackstone Real Estate’s affordable housing division, is underway on the $19.3 million renovation of Skyway Villas, a 232-unit complex in the northern Dallas suburb of McKinney. The 13-buiding community was constructed in 2003. The renovation is part of a re-syndication that will preserve the property’s affordability status for another 30 years. Upgrades will include new flooring and countertops, fresh exterior painting, new water heaters and HVAC systems, accessibility improvements and enhancements and additions to the residential amenities.

October 27, 2026

California Hospitality Loans Western

CBRE Secures $32.8M Refinancing for Hilton Garden Inn Hotel in Cupertino, California

by Amy Works October 27, 2026

CUPERTINO, CALIF. — CBRE has arranged a $32.8 million loan for the refinancing of the Hilton Garden Inn Cupertino, located at 10741 N. Wolfe Road in Cupertino. Mike Walker, Brad Zampa, Andy Gross and Pierson Souza of CBRE arranged the financing on behalf of ownership, a partnership between Heil & Associates and Terracommercial. Built in 1988, the five-story hotel features 164 guest rooms totaling 100,110 square feet on 2.7 acres. Hotel amenities include Pavilion Cafe serving breakfast and dinner, a 24-hour Pavilion Pantry market, an outdoor pool and spa, a fitness center, guest laundry facilities, 1,650 square feet of flexible meeting space, complimentary parking and weekday shuttle service within a three-mile radius. Heil Associates and Terracommercial have owned and operated the Hilton Garden Inn Cupertino since acquiring the asset in 2007.

October 27, 2026

Acquisitions Office Texas

Dinerstein Sells 82,692 SF Office Building in Houston’s Greenway Plaza

by Taylor Williams October 27, 2026

HOUSTON — The Dinerstein Cos., a locally based owner-operator, has sold 3411 Richmond, an 82,692-square-foot office building in Houston’s Greenway Plaza district. The seven-story office building was constructed in 1968 (renovated in1996) and was 89 percent leased at the time of sale. Marty Hogan of JLL and David Anderson of Cresa co-represented The Dinerstein Cos. in the transaction. Evelyn Ward and Paula Musa of Transwestern represented the buyer, HRGI Development LLC.

October 27, 2026

Acquisitions Multifamily Washington Western

Rise Properties Trust Sells Northline Apartments in Seattle for $17.7M

by Amy Works October 27, 2026

SEATTLE — Rise Properties Trust has completed the disposition of Northline, a multifamily asset in Seattle’s Bitter Lake neighborhood. FPA Multifamily acquired the property for $17.7 million, or $159,910 per unit. Philip Assouad, Giovanni Napoli, Ryan Harmon, Nick Ruggiero and Anthony Palladino of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller and procured the buyer in the deal. Northline features 111 one- and two-bedroom apartments with open-concept layouts, updated kitchens, stainless steel appliances, wood-style flooring, wood-burning fireplaces and in-home laundry. Select units offer vaulted ceilings, sunken living rooms and private patios. Onsite amenities include a resident lounge, dog park and a covered outdoor gathering area with a barbecue, fireplace and seating.

October 27, 2026

Acquisitions Industrial Oklahoma Texas

SRS Arranges $6.4M Sale of Industrial Outdoor Storage Portfolio in Oklahoma City

by Taylor Williams October 27, 2026

OKLAHOMA CITY — SRS Real Estate Partners has arranged the $6.4 million sale of a portfolio of nine industrial outdoor storage (IOS) facilities in Oklahoma City. The portfolio consists of 43,000 square feet of buildings across 40.7 acres and was leased to nine tenants at the time of sale. Dave Faris of SRS represented the seller, a local family office, in the transaction. The buyer was an undisclosed, Kansas-based developer.

October 27, 2026

Industrial Loans Midwest Ohio

Cronheim Arranges $27M Refinancing for 929,119 SF Industrial Portfolio in Columbus

by Kristin Harlow October 27, 2026

COLUMBUS, OHIO — Cronheim Mortgage has arranged $27 million in refinancing across two transactions secured by four fully occupied industrial buildings totaling 929,119 square feet in Columbus. The new loans increased total proceeds by $7.5 million from the prior financing. Dev Morris and Andrew Stewart placed the financing with one of Cronheim’s correspondent insurance companies. The two loans feature 20-year terms with the interest rates resetting every five years. The larger transaction, a $20.5 million loan, is secured by three buildings totaling 770,569 square feet on Fisher Road. A $6.5 million loan is for a 158,550-square-foot facility at 4545 Groves Road.

October 27, 2026

Indiana Industrial Leasing Activity Midwest

Colliers Negotiates 599,152 SF Industrial Lease Renewal in Indianapolis

by Kristin Harlow October 27, 2026

INDIANAPOLIS — Colliers has negotiated a 599,152-square-foot industrial lease renewal at 8677 Logo Court in Indianapolis. Jason Speckman of Colliers represented ownership, Link Logistics. Billy Powers, Jimmy Cohoat, Romy Zeid and Tucker Forbes of Colliers represented the undisclosed tenant. Built in 1991, the property sits on nearly 26 acres and features a clear height of 28 feet, cross-docked configuration and 6,400-amp, three-phase electrical service.

October 27, 2026

Illinois Loans Midwest Multifamily

Associated Bank Provides $16.5M in Financing for Multifamily Property in Libertyville, Illinois

by Kristin Harlow October 27, 2026

LIBERTYVILLE, ILL. — Associated Bank has provided a $16.5 million loan toward the $22 million acquisition of Eleven5 Lake Apartments in Libertyville. The property features 34 units, 41 parking spaces and 25,147 square feet of commercial space. The apartments were 97 percent occupied at the time of acquisition. The commercial space is fully leased to five tenants: TLP Management, Egg Harbor Café, Shakou, The Board Room and Casa Bonita. Daniel Barrins of Associated Bank managed the loan arrangements and closing. Philip Galligan, Annie Thomas, Merrick Evans and Patricia Heminger of JLL arranged the debt on behalf of the undisclosed sponsor.

October 27, 2026

Acquisitions Midwest Retail Wisconsin

Hanley Investment Group Brokers Sale of 13,308 SF Retail Center in Metro Milwaukee

by Kristin Harlow October 27, 2026

GLENDALE, WIS. — Hanley Investment Group Real Estate Advisors has arranged the sale of Cornerstone Shopping Center, a 13,308-square-foot retail center located in the North Shore trade area across from Bayshore, a mixed-use destination. Jeff Lefko and Bill Asher of Hanley, in association with ParaSell Inc., represented the seller, a private investor from North San Diego County. The buyer was SW Neighborhood Centers IV, an affiliate of Alabama-based commercial real estate firm Shannon Waltchack. The two-building property in Glendale was fully occupied at the time of sale. Built in 2003, the center is home to four tenants: Wild Fork Foods, Pearle Vision, Panera Bread and Vivo Infusion.

October 27, 2026

Loans New Jersey Northeast Office

JLL Arranges Loan for Refinancing of 160,904 SF Office Building in Princeton

by Taylor Williams October 27, 2026

PRINCETON, N.J. — JLL has arranged a $15.3 million loan for the refinancing of a 160,904-square-foot office building in Princeton. The four-story building at 500 College Road E was constructed in 1984 and renovated in 2022 and now offers amenities such as a café, fitness center, employee lounge with games and a multimedia conference and training facility. Michael Klein, Gregory Nalbandian, Nazario Paragano and Kevin Badger of JLL arranged the four-year, fixed-rate loan through an undisclosed life insurance company. The borrower is a partnership led by Bergman Real Estate Group.

October 27, 2026

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