Rosemont
Fannie Mae Forecasts Toll on Economy from Increasing Interest Rates
The rapid rise in long-term interest rates over the past few months will likely weigh on future economic growth, according… Read more
Newport Capital Provides Bridge Loans on CA, IL Assets
Newport Capital has provided more than $12 million in bridge loans for three projects in California and one in the… Read more
3650 REIT Originates Acquisition Loan for Roseville Retail
3650 REIT, a nationwide commercial real estate lender, originated a $71.5-million acquisition loan for Creekside Town Center, a 95.6%-occupied retail… Read more
KeyBank Provides Financing for Aurora Affordable Housing Project
KeyBank provided $36.3 million for the new construction of Elevate at Aurora, a 137-unit family project in Aurora, CO. KeyBank… Read more
Foreign Investors in U.S. Eye Office-to-Residential Conversions
The concept of office-to-residential conversion appears to have caught on with foreign investors in U.S. commercial real estate, according to… Read more
Azusa Industrial Scores $84M Post-Close Acquisition Debt
JLL Capital Markets arranged $84 million in post-close acquisition financing for Azusa Industrial Center, a three-building industrial park totaling 432,500 square feet located in Azusa.… Read more
MMCC Lines Up Acquisition Loan for Mission Viejo Retail/Office
Marcus & Millichap Capital Corporation (MMCC) arranged $21,775,000 in financing for the purchase of Kaleidoscope Center, a retail shopping mall… Read more
North Bridge Closes $50M C-PACE Refi
North Bridge, in collaboration with Lantern Real Estate Advisors, facilitated a $50 million C-PACE refinancing for the Residence Inn Berkeley… Read more
OC Apartment Properties Score $142M Cash-Out Refi
Alex Kane, Joe Giordani, Brendan Golding and Alvin Cao of Northmarq’s Newport Beach Debt + Equity office arranged the refinancing of two California multifamily properties, the… Read more
Wall of Multifamily Maturities Means Buying Opportunities
With $1.99 trillion of multifamily mortgage debt outstanding through 2028, a wall of debt maturities is quickly approaching for multifamily… Read more
Return to Lender: Week of Oct. 12, 2023
Hear from the leaders in loan advisory and special servicing during a panel on distressed assets at Connect Investment & Finance… Read more
Manulife Provides Mezzanine Financing for Chicago Mixed-Use
Manulife Investment Management has provided a $120.1 million mezzanine loan on behalf of its clients for a construction financing package… Read more
Greystone Provides $224M Refi for Stamford MF Portfolio
Cushman & Wakefield has facilitated a $223.9 million refinancing deal for the Harbor Point portfolio in Stamford, Connecticut. The… Read more
Avison Young’s Ryan Miller to Expand Valuation & Advisory in CA
Ryan Miller will serve as senior director, valuation & advisory services out of Avison Young’s California offices. In this role, Miller will focus on expanding… Read more
Dwight Mortgage Trust Lends $60M on Central Valley Portfolio
Dwight Mortgage Trust (DMT), the affiliate REIT of Dwight Capital, closed two acquisition bridge loans totaling $60 million for a portfolio of four apartment… Read more
MBA, NAR, NAHB Call for Halt to Fed Rate Hikes
Ongoing market uncertainty about the Federal Reserve’s rate path is contributing to “recent interest rate hikes and volatility,” the Mortgage… Read more
Sabal Closes on $2B of Freddie Mac Multifamily B-Piece Deals
Sabal Investment Holdings (SIH) closed a series of five B-piece investments, representing approximately $2 billion in collateral balance and $203… Read more
Loop Building Owner Faces $237M Foreclosure Lawsuit
The owner of a Loop office tower located at 161 North Clark Street is facing a $237 million foreclosure lawsuit… Read more
Harry Macklowe’s 1 Wall Street Lands $300M Inventory Loan
Harry Macklowe has secured a $300 million inventory loan for his office-to-residential conversion project at 1 Wall Street in the… Read more