Property Type

Northmarq Provides Agency Loan for 261-Unit Apartment Community in Jackson

by John Nelson September 10, 2026

JACKSON, MISS. — Northmarq has provided a Fannie Mae loan for the permanent financing of The District Lofts, a six-story, 261-unit apartment community located at 120 District Blvd. E in Jackson. Chimnay Bhatt, Cody Kirkpatrick, Noam Franklin and Brian Fisher of Northmarq originated the five-year, fixed-rate loan on behalf of the borrower, NorthRock Cos. The loan amount was not disclosed. Built in 2017 within The District at Eastover mixed-use development, The District Lofts features mix of studio, one- and two-bedroom apartments, as well as an elevated saltwater pool, two outdoor kitchens, fitness studio and valet trash removal service.

September 10, 2026

Arizona Loans Multifamily Student Housing Western

TSB Capital Arranges Refinancing for 448-Bed Student Housing Community Near Northern Arizona University

by Amy Works September 10, 2026

FLAGSTAFF, ARIZ. — TSB Capital Advisors has secured a refinancing for Commons at Sawmill, a 448-bed student housing community located near the Northern Arizona University campus in Flagstaff. TSB placed a floating-rate loan through Old National Bank on behalf of the borrower, a joint venture between Coastal Ridge Real Estate and Real Estate at Goldman Sachs Alternatives. Delivered in 1992 and renovated in 2023, the community offers 194 units in a mix of studio, two- and four-bedroom configurations. Shared amenities include a clubhouse, fitness center, study lounge, conference space and an outdoor courtyard with grilling stations.

September 10, 2026

Loans Multifamily Nevada Western

BWE Secures $71M in Acquisition Financing for Las Vegas Multifamily Portfolio

by Amy Works September 10, 2026

LAS VEGAS — BWE has secured $71 million for the acquisition of 536 multifamily units in Las Vegas. Jake Roberts of BWE originated the financing on behalf of a high-net-worth family real estate office and a longtime client of BWE. The loan, which was sourced by BWE through its position as a direct Freddie Mac servicer, features a five-year term. The funds were used to refinance an existing asset in the family’s portfolio as well as acquire a new asset in the Las Vegas area.

September 10, 2026

Loans New York Northeast Office

Global Holdings Receives $382.4M Loan for Refinancing of Midtown Manhattan Office Building

by Taylor Williams September 10, 2026

NEW YORK CITY — Locally based owner-operator Global Holdings has received a $382.4 million loan for the refinancing of 120 Park Avenue, a 620,000-square-foot office building in Midtown Manhattan. Wells Fargo and LBBW co-provided the loan. Bloomberg LP serves as the building’s anchor tenant, occupying roughly 500,000 square feet across 20 stories and recently extending its commitment to the building through 2040. Global Holdings is currently undertaking capital improvements to the building, including a lobby renovation and elevator modernization. The firm also recently completed window upgrades on the fifth and sixth floors.

September 10, 2026

Acquisitions Colorado Restaurant Retail Western

JLL Negotiates $41.2M Sale of Stanley Marketplace in Aurora, Colorado

by Amy Works September 10, 2026

AURORA, COLO. — JLL Capital Markets has arranged the $41.2 million sale of Stanley Marketplace, a 102,125-square-foot adaptive reuse retail development located in Aurora. Jason Schmidt and Austin Snedden of JLL represented the seller, Westfield Co., in the transaction. Leon McBroom and William Haass, also of JLL, secured a five-year, $27.3 million acquisition loan through a regional bank on behalf of the buyer, Magnetic Capital. Originally constructed in 1954 as an ejection seat manufacturing facility, the redeveloped retail property is currently 98 percent leased to a mix of 54 tenants including Denver Biscuit Co., Rosenburg’s Bagels & Delicatessen, Local Drive and Bounce Gymnastics.

September 10, 2026

Acquisitions New Mexico Retail Western

Faris Lee Brokers $4M Sale of Retail Strip Center in Albuquerque

by Amy Works September 10, 2026

ALBUQUERQUE, N.M. — Faris Lee Investments has brokered the $4 million sale of a newly constructed, three-tenant retail strip center located in Albuquerque. The 5,375-square-foot property was fully leased to El Pollo Loco, Jamba and Xfinity at the time of sale. Jeff Conover, Scott DeYoung and Greg Lukosky of Faris Lee represented both the seller, a New Mexico-based developer, and the all-cash buyer, a private East Coast-based investor, in the transaction.

September 10, 2026

Acquisitions Illinois Midwest Multifamily

Laramar Group Acquires 656-Unit Apartment Tower in Chicago

by Kristin Harlow September 10, 2026

CHICAGO — The Laramar Group has acquired Eleven Thirty, a 656-unit apartment tower located at 1130 S. Michigan Ave. in Chicago. The purchase price was $166 million, according to local media reports. Originally constructed in 1967, the property rises 43 stories and provides unobstructed views of Grant Park and Lake Michigan. Amenities include a 75-foot pool, 24-hour concierge, fitness center, conference rooms, an outdoor dog park, dedicated parking garage and 12,053 square feet of fully leased, ground-floor retail space. The building offers studio, one- and two-bedroom units. Planned improvements include expanding and updating the exercise facility; adding remote working office stations and new entertainment space; and enhancing the common areas and lobby. Stacy Osmond and Sydney Matrisciano of DLA Piper LLP led Laramar Group’s legal team.

September 10, 2026

Acquisitions Development Illinois Industrial Midwest

Prologis to Develop 1 MSF Logistics Facility in Minooka, Illinois

by Kristin Harlow September 10, 2026

MINOOKA, ILL. — Prologis has acquired 69 acres in Minooka within Chicago’s I-80 submarket with plans to develop Minooka Exchange, a 1 million-square-foot logistics facility. The single-story, cross-dock building will feature a clear height of 40 feet, 290 car parking spaces and an 185-foot truck court. The site is adjacent to Canadian National Railway’s Chicago Logistics Hub, which is under construction. Prologis expects to break ground in the coming weeks.

September 10, 2026

Illinois Loans Midwest Multifamily

Draper and Kramer Arranges $93.5M Refinancing for Chicago Multifamily Property

by Kristin Harlow September 10, 2026

CHICAGO — Draper and Kramer Inc. has arranged a $93.5 million loan for the refinancing of The Elizabeth, a 28-story apartment tower at 225 N. Elizabeth St. in Chicago’s Fulton Market. Bill Barry and Bill Stewart of Draper and Kramer’s Commercial Finance Group arranged the loan on behalf of Sterling Bay and Ascentris. Completed in 2024, the property features 350 units and 10,000 square feet of street-level retail space.

September 10, 2026

Acquisitions Industrial Northeast Pennsylvania Self-Storage

Matthews Negotiates Sale of 513-Unit Self-Storage Facility in State College, Pennsylvania

by Taylor Williams September 10, 2026

STATE COLLEGE, PA. — Nashville-based brokerage firm Matthews has negotiated the sale of a 513-unit self-storage facility in State College, home of Penn State University, and the facility is located about four miles from campus. State College Storage is a newly constructed facility that features climate-controlled and drive-up units for a total of 58,800 net rentable square feet. Austin McLeod and Jack Connelly of Matthews represented the seller, an undisclosed private developer, in the transaction. U-Haul purchased State College Storage for an undisclosed price.

September 10, 2026

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