| Downtown Denver Office Development Secures $77 Mil in Construction Money
Schnitzer West has landed $77 mil in construction financing for development of The Current River North, a 12-story, 238k sf Class A office development in downtown Denver. The project is located at 3617 Delgany St in the city’...
| JB Matteson Inc Closes Six Multfamily Assets Refis Totaling $132 Mil
JB Matteson Inc has refinanced six CA and WA multifamily properties comprising a total of 965 units in separate transactions totaling $132 mil.
The six permanent loans were arranged by Dennis Williams and Tom Wight of NorthM...
| Carillon Point Campus in Washington Recapitalized with $190 Mil Financing
Carillon Properties has recapitalized its Carillon Point mixed-use campus in Kirkland, WA with new financing of $190 mil. Fronting Lake Washington, the 26-acre property features a mix of Class A office, boutique hotel, and re...
| Cumberland Holdings Acquires Multifamily Assets Totaling 136 Units in Portland and Daly City
Cumberland Holdings, out of the Bay Area, recently completed two multifamily property acquisitions located in Portland, OR and Daly City, CA. The purchases were financed with $32.1 mil in combined bridge acquisition money arr...
| Pacific Partners Residential Secures $40 Mil in Construction Money for Two Res Developments
Pacific Partners Residential, an Idaho-based multifamily development firm, has obtained $39.65 mil in construction financing for the development of Redpoint Apartments, a 192-unit market-rate multifamily community in Redmond,...
| Riaz Capital Introduces Its Third Opportunity Zone-Compliant Development Fund
Riaz Capital, a Bay Area-based development and management company, has unveiled its latest opportunity zone-compliant development fund, focused on housing for the Bay Area’s underserved urban workforce.
The Ozone III fund,...
| Bay Area Industrial Campus Lands $220 Mil Refi
Pacific Commons South, a 1.9 msf property in one of the top-performing industrial markets in the San Francisco Bay Area, has just been refinanced with a new loan for $220 mil. The property, owned by a venture between Overton ...
| InTrust Property Group Buys 208 Res Units in Glendale, AZ
InTrust Property Group recently picked up two multifamily properties totaling 208 units in Glendale, AZ. Acquisition of the properties, the Sunflower and Veranda Apartments, was financed with a loan of $29.36 mil.
| Tower Capital Arranges Over $100 Mil in Financing on Four Build-for-Rent Developments
Tower Capital arranged nearly $108 mil in combined financing for four single-family, build-for-rent (BFR) developments in two states. The larger of the transactions involve Empire Group’s development plans in Metro Phoenix fo...
| Dansons LLC Buys 204k sf Scottsdale Office Property
Dansons LLC has acquired Gainey Ranch Corporate Center II, a 203.6k sf, Class A office property in Scottsdale, AZ. The purchase was financed with a new loan for $29.175 mil that was arranged by JLL.
Gainey Ranch Corporate Ce...
| BH Properties Provides $5 Mil in Debtor-In-Possession Financing to California Nevada Methodist Homes
BH Properties has provided continuing care, senior living housing owner and operator California Nevada Methodist Homes (CNMH) with $5 mil in debtor-in-possession (DIP) financing to fund day-to-day operations until regulatory ...
| Student Housing Project at Washington Community College Lands $32 Mil Refi
A newly completed, privately-built, off-campus student housing mixed-use project adjacent to Edmonds College, a community college in Lynnwood, WA, was just refinanced with a new loan for $32.5 mil. The financing was arranged ...
| Singerman Real Estate and Darnell Capital Secure $23 Mil for Development of a Senior Housing Community in Rolling Hills Estates
Singerman Real Estate and Darnell Capital have obtained $23 mil in construction financing for, a to-be-built, 87-unit, assisted living and memory care community. The project is located in Rolling Hills Estates, on the Palo Ve...
| Washington Holdings Buys 378k sf San Jose R&D Campus
Seattle-based real estate investment firm Washington Holdings has acquired RioTech R&D Park, a Class A R&D campus in San Jose. The property is centrally located in the North San Jose submarket with immediate access to mass tr...
| Gantry Arranges $120 Mil of Financing in Four Self-Storage Deals
Gantry arranged $120 mil of new commercial mortgages in four transactions across nine self-storage assets. Permanent loan solutions were tailored to each asset, which were each unique in their phase of construction, redevelop...
| Commercial Real Estate Financing Briefs
GANTRY - Mitchell Zeemont and Tony Kaufmann with Gantry secured a $44.25 mil loan for a single-tenant life sciences building located in the East Bay’s Emeryville submarket. The 67k sf building is 100%t occupied by a publicly ...
| Archway Capital Expands Its Lending Platform and Its Exec Team
Archway Capital has expanded its lending platform to include first mortgage debt, mezzanine capital, as well as preferred and CO-GP equity between $3 mil and $15 mil secured by performing and non-performing residential and co...
| Pico Rivera Retail Center Lands $23 Mil in Financing for Renovation Work
Crossroads Plaza Shopping Center, a 140.2k sf, grocer shadow-anchored retail center in Pico Rivera, is about to undergo a significant renovation that will include the construction of an additional 12k sf of shop space. The wo...
| San Mateo Office Campus Lands $159 Mil in New Financing
Clearview Business Park, a six-building creative office campus located in San Mateo, was refinanced with a $159.3 mil loan originated by Square Mile Capital Management LLC. The loan was made to Hines and an institutional join...
| Mesa West Capital Originates $187 Mil on Trio of Res Properties
We’ve got $187.5 mil in first mortgage financing deals on communities in Chicago, IL; Phoenix, AZ and Portland, OR to report. The three financings were all originated by Mesa West Capital.
In one of the deals, Mesa West Capi...