Property Type

Clarion Completes First Seniors Housing Acquisition, Buys 103-Unit Community in Metro Richmond

by John Nelson October 9, 2025

MECHANICSVILLE, VA. — Investment firm Clarion Partners has acquired Sancerre at Atlee Station in Mechanicsville, marking the first seniors housing acquisition for the New York City-based company. NexCore Group sold the property for an undisclosed price. Experience Senior Living, a subsidiary of NexCore, will continue to operate the community. Opened in September 2023, Sancerre at Atlee Station totals 103 units, with independent living, assisted living and memory care options available for residents. BWE investment Sales, an affiliate of BWE, facilitated the transaction.

October 9, 2025

Acquisitions Florida Loans Multifamily Southeast Walker & Dunlop

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

by John Nelson October 9, 2025

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.

October 9, 2025

Healthcare Loans Texas

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

by Taylor Williams October 9, 2025

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.

October 9, 2025

Leasing Activity Life Sciences North Carolina Southeast

Asensus Surgical Signs 63,000 SF Life Sciences Lease at The Stitch in Research Triangle Area

by John Nelson October 9, 2025

MORRISVILLE, N.C. — Asensus Surgical, a leader in digital surgery and minimally invasive surgical systems, has signed a 63,000-square-foot lease at The Stitch, a life sciences and research-and-development (R&D) property in Morrisville. Located in North Carolina’s Research Triangle region, the 248,456-square-foot facility is an adaptive reuse of a former outlet mall. The Stitch is located at 1001 Airport Blvd., approximately one mile from Raleigh-Durham International Airport. Eric Forshee, John MacDonell and Ashley Ingram of JLL represented the landlord, Related Fund Management, in the lease transaction. Ryan Lawrence and Joe Judge, also with JLL, represented Asensus Surgical. The deal represents the largest R&D life science lease in the Triangle since 2022, according to JLL.

October 9, 2025

Leasing Activity Office Texas

EY Signs Office Lease Renewal at One Victory Park in Uptown Dallas

by Taylor Williams October 9, 2025

DALLAS — Accounting giant EY has signed an office lease renewal at One Victory Park, a 17-story, 435,606-square-foot building in Uptown Dallas. The square footage and term of the lease were not disclosed. Matt Schendle and Carrie Halbrooks of Cushman & Wakefield represented the landlord, Clarion Partners, in the lease negotiations. Glenn Dyke, Phil Puckett and Harlan Davis of CBRE represented EY.

October 9, 2025

Loans Massachusetts Multifamily Northeast Rhode Island

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

by Taylor Williams October 9, 2025

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.

October 9, 2025

Connecticut Loans Multifamily Northeast Seniors Housing

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

by Taylor Williams October 9, 2025

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.

October 9, 2025

Loans Massachusetts Northeast Office

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

by Taylor Williams October 9, 2025

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.

October 9, 2025

Acquisitions California Office Western

Joint Venture Buys Two Office Properties in San Francisco Totaling 494,552 SF

by Amy Works October 9, 2025

SAN FRANCISCO — A joint venture between Lincoln Property Co. and New York Life Real Estate Investors (NYLREI) has acquired two Class A office buildings totaling 494,552 square feet in San Francisco. The properties, 353 Sacramento Street and 600 Townsend Street, are located in the heart of the Financial District and Design District submarkets, respectively. Located between Jackson Square and the North Financial District, 353 Sacramento is a 23-story, 284,751-square-foot office tower. The building has undergone extensive renovations since 2016, including a new lobby, upgraded elevator systems and modernized elevator lobbies and restroom renovations. Building amenities include lockers, showers and a bike room. Lincoln and NYLREI will build out a full-floor amenity center with two outdoor terraces, a fitness center, conferencing facilities and a tenant lounge in addition to move-in ready tenant speculative suites. Current tenants include Wells Fargo, Ramp, Merge and Even-up Law. Situated in the Showplace Square submarket, the five-story 600 Townsend offers 209,801 square feet of creative office space. The property features high-end creative improvements, a significant solar project overhaul, a modernized lobby and an outdoor patio/lounge. The building is nearly fully leased by SS&C Advent and PagerDuty. Onsite amenities include a lobby, outdoor common area and secure …

October 9, 2025

Acquisitions Connecticut Hospitality Northeast

Marcus & Millichap Brokers Sale of 112-Room Hotel in Danbury, Connecticut

by Taylor Williams October 9, 2025

DANBURY, CONN. — Marcus & Millichap has brokered the sale of the 112-room Comfort Inn & Suites hotel in Danbury, located in southern Connecticut’s Fairfield County. The hotel, which was previously operated as a Holiday Inn, was built in 1973 and offers amenities such as a fitness center, outdoor pool, business center and onsite laundry facilities. Jerry Swon of Marcus & Millichap represented the buyer and seller, both of which were private hotel operators that requested anonymity, in the transaction.

October 9, 2025

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