Property Type

JLL Arranges $185M Loan for Downtown Fort Lauderdale Office Tower

by John Nelson January 13, 2026

FORT LAUDERDALE, FLA. — JLL has arranged a $185 million loan for The Main, a 25-story office building located at 201 E. Los Olas Blvd. in downtown Fort Lauderdale. Paul Stasaitis, Geoff Goldstein and Blake Koletic of JLL arranged the floating-rate loan through Nomura on behalf of the borrower, a joint venture between Stiles and Shorenstein Investment Advisors. Delivered in 2020, the LEED Gold-certified building spans 387,401 square feet and features VIP parking, a conference center, fitness center, amenity deck, tenant lounges and onsite restaurants including Moxie’s and Fogo de Chao. The Main was fully leased at the time of financing to tenants including JPMorgan Chase and Raymond James, among others.

January 13, 2026

Development Southeast Student Housing Virginia

LV Collective, Harrison Street to Break Ground on 862-Bed Student Housing Development Near Virginia Tech

by John Nelson January 13, 2026

BLACKSBURG, VA. — A joint venture between LV Collective and Harrison Street Asset Management is set to break ground on Rambler, an 862-bed student housing development located near the Virginia Tech campus in Blacksburg. The eight-story community will span 577,671 square feet and offer 247 apartments and townhomes in studio, one-, two-, three-, four- and five-bedroom configurations. Shared amenities will include a ground-level coffee shop; coworking space with private study rooms; a multi-sport simulator; clubroom and social lounge; fitness center with a yoga and flex studio; wellness lounge with a sauna and cold plunge; and an outdoor pool deck with a hot tub. Site work began in December with completion scheduled for fall 2028. The development team for the project includes Brinkmann, Niles Bolton, Variant Collaborative, Ironwood and Foresight. DLA Piper provided legal counsel for the development.

January 13, 2026

Company News Florida Georgia Hospitality Southeast

Franklin Street Acquires Hospitality Brokerage Firm Hodges Ward Elliott

by John Nelson January 13, 2026

TAMPA, FLA. AND ATLANTA — Tampa-based commercial real estate services firm Franklin Street has acquired Hodges Ward Elliott (HWE), a global hospitality brokerage firm based in Atlanta with offices in London, New York City, Miami, Tampa and Dallas. HWE will continue to provide its services under its current name and brand and will keep its leadership and brokerage teams intact. “HWE’s experience with executing institutional deals will benefit Franklin Street as we expand our reach and market share,” says Tony DeSisto, president and chief operating officer at Franklin Street. The company opened offices in Nashville and Dallas last year and recently hired a new regional managing director in Miami. HWE will join the Franklin Street platform and have access to the company’s multiple business verticals, including insurance, project management, capital advisory, leasing and property management. HWE team members have joined existing Franklin Street offices in Atlanta, Dallas, Nashville, Orlando and Tampa. Over the past five years, HWE has completed $17 billion in closed transactions, with 30 deals exceeding $100 million. In 2025, the firm closed $1.5 billion in transactions, including the sale of W London and Viewline Resort Snowmass, Autograph Collection in Colorado.

January 13, 2026

Leasing Activity Life Sciences Massachusetts Northeast Office

TransMedics Signs 498,000 SF Headquarters Lease in Somerville, Massachusetts

by Taylor Williams January 13, 2026

SOMERVILLE, MASS. — TransMedics Group Inc. has signed a 16-year, 498,000-square-foot headquarters lease in Somerville, located just outside of downtown Boston. The provider of organ transplant therapy services will occupy the entirety of a newly constructed, 12-story building within Assembly Innovation Park that houses office, life sciences and manufacturing space. San Diego-based BioMed Realty owns Assembly Innovation Park, which is planned to ultimately feature three office/life sciences buildings, as well as retail and open green space.

January 13, 2026

Building-B-@-Interstate-Crossings-Brewster-New-York

Industrial Loans New York Northeast

Lincoln Equities Receives $106M Bridge Loan for Industrial Building in Brewster, New York

by Taylor Williams January 13, 2026

BREWSTER, N.Y. — Lincoln Equities Group has received a $106 million bridge loan for the refinancing of a 618,048-square-foot industrial building in Brewster, about 60 miles northeast of New York City. Building B @ Interstate Crossings was completed in 2025 and features a clear height of 40 feet. Peter Rotchford and Christopher Pratt of JLL arranged the loan, which includes a future funding component, through affiliates of Apollo and CenterSquare Investment Management.

January 13, 2026

Loans New York Northeast Retail

Basis Investment Group Provides $27.5M Bridge Loan for Poughkeepsie Retail Property

by Taylor Williams January 13, 2026

POUGHKEEPSIE, N.Y. — Basis Investment Group has provided a $27.5 million bridge loan for the refinancing of Plaza 44, a 168,000-square-foot, grocery-anchored shopping center in Poughkeepsie, located north of New York City. Regional grocer Stop & Shop anchors the center, and Ross Dress for Less plans to open a 23,000-square-foot store at Plaza 44 before the end of the year. The borrower, Capstone Realty Group, plans to reposition the center and market the property for sale over the course of the ensuing 24-month period.

January 13, 2026

Loans Multifamily Northeast Pennsylvania

Largo Capital Arranges $17.6M Refinancing for Multifamily Property in Levittown, Pennsylvania

by Taylor Williams January 13, 2026

LEVITTOWN, PA. — Largo Capital, a financial intermediary based in upstate New York, has arranged a $17.6 million loan for the refinancing of Country Manor Apartments, a 200-unit multifamily property in Levittown, located along the Pennsylvania-New Jersey border. The property offers one- and two-bedroom units. Amenities include a pool, playground, courtyard, fitness center and onsite laundry facilities. Neal Colligan of Largo Capital arranged the loan. The names of the direct lender and borrower were not disclosed.

January 13, 2026

Affordable Housing California Development Multifamily Western

Meta Housing, R.D. Olson Break Ground on 207-Unit Affordable Housing Complex in Los Angeles

by Amy Works January 13, 2026

LOS ANGELES — Meta Housing Corp. and R.D. Olson Construction, as general contractor, have broken ground on De Soto, a $62 million affordable housing property located at 6033 De Soto Ave. in the Woodland Hills neighborhood of Los Angeles. De Soto is a ground-up construction project that will feature a seven-story building constructed in one phase over the span of 24 months. Slated for completion in early 2028, the 271,568-square-foot property will feature 207 one-, two- and three-bedroom apartments across five stories of residential space above a double concrete podium holding two levels of parking. The apartments will be designated for families and residents earning between 30 percent to 70 percent of the area median income. Community amenities will include a community room with computer workstations, outdoor gathering spaces, a children’s play area and elevated courtyards designed to foster community connection. De Soto will be funded through California Municipal Finance Authority Multifamily Housing Revenue Bonds along with federal low-income housing tax credits. Project partners include AC Martin as executive and design architect, Mark Beall and Associates as landscape architect, KE Engineering Corp. as civil engineer, TAD Engineering as mechanical engineer and EB Structural Engineers as structural engineer.

January 13, 2026

Acquisitions California Office Western

Hankey Investment, Barker Pacific Buy Sunset Media Center in Los Angeles for $61M

by Amy Works January 13, 2026

LOS ANGELES — Joint venture partners Hankey Investment Co. and Barker Pacific Group have acquired Sunset Media Center, a 22-story creative office tower in Hollywood’s Media Row, from Kilroy Realty for $61 million. Located at 6255 W. Sunset Blvd., Sunset Media Center features 325,995 square feet of Class A office space with unobstructed view corridors and average floor plates of 18,500 square feet. At the time of sale, the property was 51 percent occupied. Current tenants include Media Res, Magical Elves, The Hollywood Chamber of Commerce, Slickdeals, OpenTable and the AIDS Healthcare Foundation. Built in 1974, Sunset Media Center underwent an extensive multi-million-dollar renovation in 2014 by architect Gensler and features an updated lobby space, onsite visitor parking, redefined common areas, a sun-drenched outdoor plaza with neighborhood retail hot spot and access to major entertainment studios and media professionals. The new ownership has retained JLL’s Dana Vargas and Peter Hajimihalis to handle leasing efforts for the property. Michael Kathrein, Adam Edwards, Sam Baughman and Blake Stamato of Eastdil Secured represented the seller in the deal.

January 13, 2026

Loans Nevada Retail Western

Gantry Arranges $17.8M Refinancing for Grocery-Anchored Shopping Center in Reno

by Amy Works January 13, 2026

RENO, NEV. — Gantry has arranged a $17.8 million permanent loan to refinance North Reno Plaza, a 130,000-square-foot neighborhood center in Reno. Tony Kaufmann and Alex Poulos of Gantry represented the borrower, a private real estate investor, in securing the five-year, fixed-rate loan through one of Gantry’s lenders. The new loan, which features a 30-year amortization schedule, will retire the construction debt Gantry previously arranged for the borrower for the 2024 repositioning of North Reno Plaza. The recent renovation features various center improvements, including the addition of several new tenants such as El Super Supermarket, a freestanding Starbucks with a drive-thru and Burlington. North Reno Plaza also features a roster of fast food restaurants, professional services and fitness businesses.

January 13, 2026

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