Real estate debt: archive
Every Real estate debt story in Real Estate, newest first. 456 stories
6 stories
JLL arranges $135M debt and equity for Yonkers apartment tower
Bank OZK is the senior construction lender and Eagle Realty Group the LP equity investor on the 282-unit Ibex at Ridge Hill.
Tyko Capital lends $817M for Miami Faena condo towers
The construction loan is Florida's largest, topping a $772 million West Palm Beach office loan, Commercial Observer reports.
Fed holds at 3.75%–4% with two dissents
Inflation ran at 3.7% in September, and the next rate decision comes in December.
Wells Fargo funds $82M Oakland affordable housing build
The bank also provided $57 million of low-income housing tax credit equity for the 119-unit East Oakland project.
Deutsche Bank seeks fourth extension on 521 Fifth foreclosure
The $242 million CMBS loan has been in default for more than two years and a June appraisal valued the building at $270 million.
J.P. Morgan finances Wood Partners' 372-unit Village Park
The project is slated to open in May 2028, with 5% of homes reserved at 80% of area median income.
9 stories
PCCP lends $163.9M for 426-unit Paramus apartment project
The Russo Development and Kushner Real Estate Group venture's Paramus project includes 56 income-restricted apartments and targets completion in late 2028.
Fixed-rate data-center CMBS AAAs widen 21 bps in week
The median senior bond in other SASB and conduit deals held flat; floating-rate data-center AAAs widened 24 bps.
Truist lends $152M for 390-unit Long Beach apartments
The six-story Marina Shores project replaces an office complex and parking lot; completion is expected around May 2029.
Byline Bank lends $17.5M on Columbus multifamily buy
Fourth loan to The Schirm Firm finances Trotters Park; terms not disclosed.
Mesa West lends $61.5M to refinance Sunnyvale Class A office
LBA Realty bought the 125,000-square-foot building out of receivership for $42.3 million in June 2025; the new debt is 45% larger.
PCCP lends $71M to Embrey JV for 360-unit project
The senior construction loan backs Crossings Boulevard in Spring Hill, Tennessee, with delivery targeted for the first quarter of 2028.
JLL arranges $333M Greystar bridge for Palomino Park
The floating-rate loan to a Crow Holdings Capital-advised fund retires existing debt and holds $8.32 million for unit renovations.
Data-center lenders cap exposure after $121.91B year
S&P data cited by Commercial Observer put the average 2025 loan at $1.2 billion; first-half 2026 CMBS hit $4.9 billion, CBRE says.
Blackstone affordable arm lines up $735M in Fannie Mae debt
The deal leaves part of the floating-rate package in place, CoStar News reports.
9 stories
SASB deals take 76% of private-label CMBS through September
Single-borrower and large-loan volume hit $66 billion against $21.2 billion of conduits, with office collateral shrinking.
Madison Realty lends $463M for St. Regis Sunny Isles condos
The loan equals roughly 29% of the $1.6 billion in presales the report cites, assuming the total covers both towers.
JLL arranges MF1 loan on Lightstone's $88 million Manhattan buy
JLL's Peter Rotchford and Michael Shmuely placed the debt with MF1 for the 15-story, 2004-built rental; terms were not disclosed.
Octagon lends $48.25M to convert 7Up HQ into apartments
The unitranche backs 118 apartments in a building vacant more than a decade, with historic tax credits in the package, Commercial Observer reported.
LMF Commercial closes after $14 billion of lending
The Lennar subsidiary began layoffs in New York, Miami, Los Angeles and Las Vegas on Oct. 21, Commercial Observer reported; the closure reason wasn't established.
Weidner buys 341-unit Austin high-rise with Nationwide debt
JLL arranged the financing for the 341-unit Solaris House; the report carried no price, loan amount or loan terms.
Centennial Bank closes $145M loan for Miami River Dream Hotel
The $350 million Riverside Wharf complex is expected to include a 167-key Dream Hotel and deliver in fall 2028.
Adler secures $37 million for Ammendale Technology Park
The six-building park is 96% leased to 24 tenants; the lender and loan terms were not disclosed.
350 Park Avenue tower secures $3.3B construction financing
Commercial Observer reports the 66-story project's financing was secured last week; lenders and terms were not named.
4 stories
Seniors housing securitized debt faces $2.24 billion hard maturities
More than 95% of the 156-loan cohort is agency-backed; $232.7 million carries a debt yield below 6%, Trepp reports.
IPA arranges Houston construction debt for Adkisson's nine buildings
Amegy Bank funds nine buildings totaling just over 500,000 square feet in Partners' North Houston Commerce Park; loan terms weren't reported.
Dwight lends $73M to refinance 368-unit Reno apartments
Bridge Investment Group and Pacific Development borrowed the bridge loan, which funded an interest reserve and returned equity.
KKR supplies $95 million 10-year loan for Brooklyn apartments
Bridge, Declaration Partners and Avery Hall are the sponsors; coupon and spread were not disclosed.
4 stories
Northmarq arranges $95.8M Voya refinancing for E&S Ring's 1,461 Southern California apartments
Six non-cross-collateralized loans replace existing debt on E&S Ring buildings in Brentwood, Culver City, Victorville, Los Feliz and Mid-Wilshire.
Newmark launches multifamily bridge program with $35M Georgia loan
The first loan is a $35 million refinancing of MFP Capital's 264-unit Independence Place in Hinesville, Ga., Commercial Observer reports.
Affinius Capital lends $97.9M to refinance D.C.'s Lydian apartments
The 324-unit Mount Vernon Triangle building, completed in 2018, carries roughly $302,000 of loan per unit as District rents slip.
Trepp flags $802M Chicago office CMBS lease rollover before maturity
Four properties account for $623 million, or 78%, of that debt, including one in foreclosure and one more than 90 days delinquent.
8 stories
Private-label CMBS holds half of delinquent multifamily debt, Trepp finds
Private-label deals hold 12% of the $635.82 billion tracked universe but 50.2% of the $11.6 billion delinquent debt, with a 7.69% delinquency rate.
Barings provides $138.6M first mortgage to Hillwood for Rancho Cucamonga industrial
The two-building Speedway Commerce Center phase is fully leased and totals about 656,000 square feet, per Connect CRE.
Genting Americas refinances Miami's Omni Center with $500M loan
Wells Fargo is administrative agent for a lender group on the 1970s mixed-use property, per public mortgage documents cited by Commercial Observer.
Trepp: 25.3% of performing Texas floating-rate Agency multifamily balance reports sub-1.0x DSCR
$3.04 billion across 130 performing loans reports net cash flow coverage under 1.0x, and 2021-22 vintages hold 87.5% of the delinquent floating-rate balance.
BridgeCity Capital lends $36.2M for Long Island City condos
Winspire Development's 41-unit building at 10-56 46th Road is slated for completion in spring 2028.
Anchor Loans provided $58.5M construction loan for two Deltona BTR projects
Agador Spartacus closed the financing for 153 homes at Magnolia Cottages and 126 at Magnolia Villas, Connect CRE reported.
Affinius provides $94M lease-up refinancing for Hillwood's DFW warehouses
The three buildings at Crossroads Logistics Park in Midlothian total 1.2 million square feet and were built in 2023.
Newmark arranges $369 million Fannie Mae facility for April Housing's Florida portfolio
The interest-only facility splits into a $221.4 million fixed-rate draw and a $147.6 million floating-rate draw across 11 properties.