Monday, February 9, 2026
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Multifamily

LoansMidwestMultifamilySeniors HousingWisconsin

KeyBank Closes $12.8M Refinancing Loan for Assisted Living Portfolio in Wisconsin

by Kristin Harlow

BEAVER DAM AND WAUPUN, WIS. — KeyBank Real Estate Capital has provided $12.8 million in refinancing for a two-property assisted living portfolio in Wisconsin. Prairie Ridge at Beaver Dam consists of 27 assisted living units and is located in Beaver Dam, about 40 miles northeast of Madison. The property was built in 1998 and renovated in 2010. Prairie Ridge at Waupun consists of 47 assisted living units and is located in Waupun, 20 miles north of Beaver Dam. The property was built in 1999 with an addition constructed in 2008. The FHA loan was used to pay off existing debt on the property. Michael Eisenga, owner of Prairie Ridge Facilities, was the borrower. John Randolph of KeyBank arranged the loan.

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LoansMichiganMidwestMultifamilySeniors Housing

Dougherty Provides $9.2M Bridge Loan for Refinancing of Assisted Living Property in Calumet, Michigan

by Kristin Harlow

CALUMET, MICH. — Dougherty Funding LLC has provided a $9.2 million bridge loan for the refinancing of Gardenview Assisted Living and Memory Care in Calumet in the Upper Peninsula. The 39-unit senior living facility is located at 26096 Elm St. Calumet Facility LLC and Calumet Operating LLC was the borrower. Dougherty Funding served as lead lender and servicer for the loan.

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CaliforniaMultifamilyWestern

Pinnacle International Buys San Diego Development Site for $14.5M

by Nellie Day

SAN DIEGO — Pinnacle International has purchased a 30,000-square-foot redevelopment site in San Diego for $14.5 million. The site is located at 1141 E St. in the East Village submarket. It contains a 25,000-square-foot industrial building. The property is zoned for multifamily residential development. Ben Tashakorian and Jessie James of Marcus & Millichap represented the buyer and seller, Rodney Starkey, in this transaction.

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MultifamilyTexas

Huffines Communities Opens Harmony Luxury Apartments in Rowlett, Texas

by Amy Works

ROWLETT, TEXAS — Huffines Communities has opened the first phase of Harmony Luxury Apartments at 11010 Harmony Hill Lane in Rowlett. Phase I features 326 apartment units, a 7,000-square-foot clubhouse and a pool. The property offers one- and two-bedroom apartments in a variety of floorplans, ranging from 560 square feet to 1,263 square feet. Huffines has broken ground on the property’s second phase, which will add 318 units, including a limited number of three-bedroom units. The project team includes JHP Architecture/Urban Design and Moore Design Group.

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mm-dallas
MultifamilyTexas

Marcus & Millichap Arranges Sale of Two Apartment Buildings in Dallas

by Amy Works

DALLAS — Marcus & Millichap has arranged the sale of two apartment buildings in Dallas: Rosemont at San Jacinto and Carroll Terrace. A private investor sold the properties for an undisclosed price. Located at 4400 San Jacinto St., Rosemont at San Jacinto features 16 apartments, and Carroll Terrace, located at 1607 N. Carroll Ave., features 18 apartments. Stephen Crittenden of Marcus & Millichap represented the seller and procured the buyer, a private investor, in the deal.

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MultifamilyTexas

Turner Multifamily Impact Fund Acquires Two Apartment Communities in San Antonio

by Amy Works

SAN ANTONIO — The Turner Multifamily Impact Fund, a real estate investment fund managed by Turner Impact Capital, has acquired San Mateo and The Grove, both in San Antonio, for an undisclosed price. Situated on 10.9 acres in northeast San Antonio, San Mateo features 252 units in nine three-story buildings. On-site amenities include a pool, basketball court and student/business center. Located on 11 acres, The Grove features 276 units in 30 two- and three-story residential buildings. Community amenities include two swimming pools, a clubhouse with business lounge and fitness center, landscaped grounds and on-site laundry facilities.

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LoansMultifamilySeniors HousingTexas

Pioneer Realty Capital Closes $7.2M Refinancing of Seniors Housing Facility in Princeton, Texas

by Amy Works

PRINCETON, TEXAS — Pioneer Realty Capital has closed a $7.2 million loan to refinance Villa Asuncion Assisted Living Facility, located at 830 Princeton Drive in Princeton. The firm used the 504 Debt Refinance Program, which the Obama Administration reinstated in December 2015, to refinance the property for the undisclosed borrower. The program is intended to help small business owners obtain access to capital and create liquidity.

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tarryhill-apts-white-plains-ny
MultifamilyNew YorkNortheast

HarborView Properties Acquires 87-Unit Apartment Community in White Plains, New York

by Amy Works

WHITE PLAINS, N.Y. — HarborView Properties has purchased The Residences at Tarryhill, an apartment community located at 100-600 Tarryhill Way in White Plains. Situated on eight acres, the property features six three-story buildings offering a total of 87 apartments in a mix of one- and two-bedroom units. On-site amenities include a community room, sports courts, playground and parking for 170 cars. Tarryhill Management Co. will manage the property, which was acquired in an off-market transaction for an undisclosed price.

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IndustrialLoansMultifamilyNew JerseyNew YorkNortheastOffice

Ready Capital Closes Two Loans Totaling $12.3M in Brooklyn, West Deptford, New Jersey

by Amy Works

NEW YORK CITY AND WEST DEPTFORD, N.J. — Ready Capital Structured Finance has closed two non-recourse loans totaling $12.3 million in Brooklyn and West Deptford. In the first transaction, Ready Capital closed a $7.9 loan for the acquisition, renovation and conversion of a 12,000-square-foot private residence into a six-unit condominium residence at 277 First St. in Brooklyn’s Park Slope neighborhood. Simultaneous with the closing, the undisclosed sponsor acquired 2,000 square feet of air rights through an adjacent parcel to reclassify the additional square footage. The interest-only loan includes an 18-month term with one extension option and a flexible prepayment feature. In the second transaction, the company closed a $4.4 million loan for the acquisition, renovation and stabilization of a 106,000-square-foot industrial and office building located at 301 Grove Road in West Deptford. The undisclosed borrower is renovating the property to increase the industrial space by demolishing the second story office space and removing drop ceilings. The interest-only loan includes a 24-month term with one extension option and a flexible prepayment feature.

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IllinoisLoansMidwestMultifamilyStudent Housing

CBRE Arranges $41M Refinancing of Student Housing Property in Chicago

by Kristin Harlow

CHICAGO — CBRE has arranged the $41 million refinancing of The Buckingham in Chicago. The 129-unit, 456-bed student housing property is located in the South Loop University District. The 10-year loan was originated via CBRE’s Fannie Mae Delegated Underwriting and Servicing (DUS) program. Glenn Housman of CBRE secured the loan on behalf of the sponsor, The Buckingham LLC.

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