|
Washington Best Western Hotel Lands $14 Mil Refi Loan 6/02/25 A Best Western Plus hotel property in Moses Lake, WA was refinanced with a new $14 mil permanent loan. The property is located at 3000 W Marina Dr in Moses Lake.
The high performing hotel and restaurant facility offers both ...
|
Luxury Res Development in L.A.’s Koreatown Lands $220 Mil in New Financing 5/29/25 A Jamison Properties LP affiliate has landed $220 mil in new financing for Opus, a newly constructed 428-unit luxury apartment project in L.A.’s Koreatown neighborhood. The property, located at 3545 Wilshire Blvd, encompasses...
|
McKinney Capital Lands New Financing of $6 Mil on Catalina Hotel Property 5/27/25 A McKinney Capital entity secured a $6 mil bridge loan one the Hermosa Hotel & Apartments on Southern California’s Catalina Island. The loan proceeds will retire existing debt at the century-old property, located at 131-171 M...
|
BKM Capital Partners and Kayne Anderson Real Estate Launch $1.5 Bil Joint Venture Partnership 5/22/25 BKM Capital Partners (BKM), a leading vertically integrated real estate fund manager and operator, and Kayne Anderson Real Estate, the real estate investment arm of Kayne Anderson, have entered into a $1.5 bil joint venture p...
|
Parkland Development Lands $9 Mil Construction Loan for Three New Dining Sites at Phoenix Area Retail Center 5/19/25 Parkland Development has obtained a $9 mil construction loan for development of three new dining locations at an eight-acre site located at the southeast corner of McDowell Rd and N 107th Ave in Avondale, a West Valley suburb...
|
WNC & Associates Closes Its WNC Institutional Tax Credit Fund 57, L.P. 5/19/25 WNC & Associates has closed WNC Institutional Tax Credit Fund 57, L.P. (Fund 57), a $228 mil fund which includes 26 multi-family properties across 17 states.
“WNC remains deeply committed to addressing the affordable hous...
|
Retail Financing Briefs 5/14/25 JLL CAPITAL MARKETS -- Greg Brown, John Marshall, Spencer Seibring and Allie Black with JLL Capital Markets arranged a $27.55 mil loan for Torrey Hills Center, an 86.5k sf, grocery-anchored neighborhood retail center in San D...
|
Empire Group Lands $79 Mil Refi on AZ Build-to-Rent Development 5/14/25 Scottsdale, AZ-based Empire Group has obtained a $79.5 mil refi loan on Village at Bronco Trail, a new 354-unit BTR development in the Phoenix market. The roughly 30-acre Village at Bronco Trail site at 29th Ave at Sonoran De...
|
Planned 261-Unit AZ Res Development Lands $58 Mil in Construction Money 5/13/25 A new, upscale 261-unit res project in Gilbert, AZ is one step closer to completion as the developer, Artom Holdings LLC, secured a $58 mil construction loan from PCCP LLC for the Class A development. The 220.6k sf project, T...
|
Los Angeles Retail Center Lands $21.5 Mil in Financing 5/08/25 Optimus Properties LLC has secured $21.5 mil in financing on Juanita Tate Marketplace, a 77k sf, grocery-anchored retail center located in Los Angeles. The property is located at the corner of E Slauson Ave and E Central Ave....
|
148k sf Industrial Facility in Salt Lake City Trades 5/07/25 In a recent commercial real estate financing deal in Salt Lake City, a modern, Class A industrial building purchase was financed with a $13.5 mil permanent loan. The 148.3k sf, institutional-quality facility sits on a 9.42-ac...
|
North Palisades Partners Lands $55 Mil Take-Out Loan on Newly Developed L.A. Self-Storage Facility 5/07/25 North Palisades Partners has secured a $55 mil refi loan for its newly delivered 3,039-unit self-storage facility in Los Angeles. The take-out loan, provided by Goldman Sachs Alternatives, ranks among the largest single-asset...
|
Newly Developed Res Project in L.A.’s Koreatown Neighborhood Lands $22.8 Mil Bridge Loan 5/07/25 EGC Real Estate Group has obtained a $22.8 mil cash-out bridge loan on Mosaika, a newly developed 63-unit residential condominium project in Los Angeles’ Koreatown neighborhood. The project sits on .34 acres at 904 to 906 S. ...
|
Downtown San Diego Res Community Lands $110 Mil Refi 5/01/25 Stanza Little Italy, a Class A, 270-unit, 22-story multifamily community in Downtown San Diego, has been refinanced with a new senior loan for $110 mil. The money was provided by PCCP LLC.
Located at 310 A St, Stanza offers...
|
WNC & Associates Closes $119 Mil Equity Fund 4/30/25 WNC & Associates has just closed its WNC Institutional Tax Credit Fund X California Series 22, L.P. (CA22), which includes seven multifamily properties across California. With CA22, a $119 mil equity fund, WNC is partnered wi...
|
Bay Area Biz Park Buy Financed with $15 Mil Acquisition Loan 4/28/25 A private investor has obtained a $15 mil permanent loan for the acquisition of North Canyons Business Center, a six-building, 105k sf business park in Livermore. The property is located at 3025-3095 Independence Drive.
The ...
|
Commercial Real Estate Financing Briefs 4/14/25 GANTRY -- Blake Hering and Abi Hunter with Gantry arranged an $11 mil permanent loan to refinance maturing debt for the Grandview Place Apartments, located at 19420 SE 20th St in Camas, a suburb of East Vancouver, WA, directl...
|
Bay Area Multifamily Portfolio Lands $170 Mil Refi Loan 4/14/25 Bay Meadows Apartment Collection, a portfolio of four luxury multifamily properties totaling 390 units in San Mateo, has been refinanced with a new first mortgage loan for $170 mil. The properties are owned by a partnership o...
|
Senior Living Communities in Los Angeles and Pennsylvania Refinanced in a $308 Mil Transaction 4/08/25 Two trophy senior living communities, one in the Los Angeles community of Woodland Hills and the other in Pennsylvania, have been refinanced through a new loan for $308 mil. Dubbed Project New Horizons, the refinancing was ar...
|
Grubb Properties Secures $21 Mil Financing for Res Development Project in L.A.’s Koreatown 4/03/25 Grubb Properties has obtained a $21 mil land and predevelopment loan for the recapitalization of a 2.1-acre site in the heart of the Los Angeles’ Koreatown neighborhood. The land is fully entitled for development of Link Apar...
|