Pyramid Management Group, Paolino Properties, and DW Partners Acquire Providence Place Mall for $133M
A partnership of Pyramid Management Group, Paolino Properties and DW Partners has been selected to acquire Providence Place Mall in Rhode Island for $133 million, ending a year‑long receivership. The sale was approved by Superior Court Judge Brian Stern and will enable a repositioning of the 1.4‑million‑sq‑ft lifestyle center. The deal marks a significant real‑estate transaction in the retail sector.
Walker & Dunlop Arranges $55.16M Construction Financing for Belle Oaks Marketplace in Ohio
Walker & Dunlop arranged $55.16 million in floating‑rate, interest‑only construction loans for Phase I of the Belle Oaks Marketplace mixed‑use redevelopment in Richmond Heights, Ohio. The loans were provided by Genesis Capital on behalf of DealPoint Merrill, funding 181 multifamily units in the...
LeFrak Acquires Harbour at New River Apartments for $180M
The LeFrak Organization purchased the Harbour at New River Apartments in Fort Lauderdale from The Related Group and Rabina Properties for $180 million, financing the deal with a $100 million loan from Northwestern Mutual. The sale includes a covenant preventing conversion of...
Philadelphia Housing Authority Acquires 200 Apartments for $49.1M
The Philadelphia Housing Authority (PHA) completed the purchase of 200 apartments at 1635 N. Fifth St. for $49.1 million, adding to its portfolio of over 1,700 units acquired in the past 18 months. The deal, finalized in April 2026, reflects PHA’s strategy to...
Sculptor Real Estate and Trinity Investments JV Acquires JW Marriott Marco Island Beach Resort for $835M
A joint venture between Sculptor Real Estate and Trinity Investments has completed the acquisition of the JW Marriott Marco Island Beach Resort from MassMutual for $835 million. The deal, arranged by JLL, also includes $690 million in financing. The 809‑room...
Dwight Capital Closes $114M HUD 223(f) Refinance for Harlem Luxury High‑Rise
Dwight Capital closed a $114 million HUD 223(f) refinance for 224 W 124th St., a 168‑unit luxury high‑rise in Harlem. The loan, originated on behalf of borrower Rester Management, will retire existing debt, cover closing costs and fund a replacement reserve, underscoring the rising...
Blackstone Secures $715M Refinancing for iQ Student Accommodation
Blackstone has secured a £562 million ($715 million) refinancing for its iQ Student Accommodation platform, with MUFG acting as bookrunner and lead arranger. The financing will fund refurbishment of nine purpose‑built student accommodation sites across the UK, covering over 3,600 beds.
Howard De Walden Estate Completes $62.5M Acquisitions at Harley Street Health District
Howard de Walden Estate completed the acquisition of three long leasehold developments in London's Harley Street Health District for a total of £50 million (≈$62.5 million). The properties, totaling over 49,000 sq ft, will be used for healthcare, office and residential purposes, reinforcing the...
MERA Secures $125M From US Credit Firm to Bridge Preferred Equity Gap
MERA, a specialist real estate lender, received £100m (~$125m) from an unnamed US credit firm to address the preferred equity gap in the UK as development capital tightens. The funding aims to support MERA's strategy in a market where financing...
Newmark Facilitates Sale of Office and Retail Assets at The Pointe at Polaris to DFWLAND
Newmark arranged the sale of the office and retail components of The Pointe at Polaris, a mixed‑use property in Columbus, Ohio, to Dallas‑based DFWLAND. The sellers were a joint venture between VanTrust Real Estate and NP Limited Partnership. The transaction...
Castlelake and Redwood Trust Form $8B Jumbo Mortgage Joint Venture
Castlelake and Redwood Trust announced a joint venture to purchase up to $8 billion of prime jumbo mortgage loans, leveraging Redwood's Sequoia platform. The partnership aims to provide investors with high‑quality jumbo assets and expand Redwood's loan‑sourcing capabilities.
Prologis Raises $5bn in New Debt Financing
Prologis announced the issuance of $5bn of new debt financing at a 3.75% weighted average rate, including a $3bn credit facility at a 63 basis-point spread. The financing supports its strategic capital initiatives and development pipeline.
JLL Capital Markets Secures $144M Construction Loan for The Carina Multifamily Project
JLL Capital Markets arranged a $144 million, three-year floating-rate construction loan for The Carina, a 408-unit multifamily development in Santa Ana. The loan was secured through lender QuadReal, with national real-estate firm Lowe managing the project.
CBRE Investment Management and MCB Real Estate Acquire Grocery‑Anchored Retail Portfolio
CBRE Investment Management and MCB Real Estate announced the acquisition of a grocery‑anchored retail portfolio spanning 1.1 million square feet across five states. The joint venture adds seven properties, including the 285,518‑sq‑ft Marketplace Shopping Center in Texas, to their national platform....
Gantry Secures $11.5M Permanent Loan for Central Self‑Storage
Gantry arranged an $11.5 million permanent, five‑year, fixed‑rate, non‑recourse loan to retire maturing debt for Central Self‑Storage, a 740‑unit climate‑controlled facility in Long Island. The loan was provided by a correspondent insurance‑company lender and closed within 45 days of application. Gantry...
Bold Communities Secures $102M Funding From L.A. County Affordable Housing Solutions Agency
Los Angeles County Affordable Housing Solutions Agency allocated $102 million across ten adaptive‑reuse projects, including a loan to developer Bold Communities for an office‑to‑residential conversion. The funding, part of a new public financing program, aims to accelerate affordable housing development...
ExchangeRight Fully Subscribes $41.9M Net-Leased All-Cash 17 DST Offering
ExchangeRight announced that its Net-Leased All-Cash 17 DST, a $41.9 million portfolio of net‑leased real estate, has been fully subscribed. The closed offering includes six properties leased to tenants such as Sprouts Farmers Market and Dollar Tree and will feed into...
Vornado Realty Trust Acquires 49% Stake in Park Avenue Plaza for $1.1B Valuation
Vornado Realty Trust announced it will purchase a 49% interest in the 45‑story Park Avenue Plaza office building from Closer Properties, valuing the asset at $1.1 billion. Fisher Brothers will retain its 51% ownership and continue to manage the property, while...
Maxim Capital Group Provides $53.2M Senior Participation Financing to Dornin Investment Group and Torchlight Investors for Brooklyn Development
Maxim Capital Group has extended $53.2 million of senior participation financing to a joint venture of Dornin Investment Group and Torchlight Investors for the 131‑unit 57 Caton Place project in Brooklyn’s Windsor Terrace. The loan supports the final stage of the nearly completed...
Gencom-Led JV Secures $125M Refinancing for The St. Regis Chicago
Gencom and GD Holdings' joint venture has secured a $125 million refinancing loan from Banco Inbursa for The St. Regis Chicago, replacing $76 million of original acquisition financing. The deal, announced on April 28, 2026, underscores the asset's strong performance...
Argo Real Estate Acquires West Shore Towers for $45M
Argo Real Estate completed the acquisition of West Shore Towers, a 164‑unit waterfront apartment complex in Nyack, New York, for $45 million. The transaction was financed with $42.5 million of acquisition financing arranged by IPA Capital Markets, a division of Marcus & Millichap....
Arada London Secures $193M Loan From ICG Real Estate for Swiss Cottage Development
Arada London, the UK arm of UAE developer Arada, obtained a £152m ($193m) loan from ICG Real Estate to fund the construction of 251 mixed-tenure homes at 100 Avenue Road in Swiss Cottage, London. The financing supports two residential blocks,...
BGO Acquires Cologne Property to Enter German PBSA Market
BGO announced the acquisition of a property in Cologne, marking its entry into the German purpose‑built student accommodation (PBSA) market. The deal aligns with BGO's strategy to focus on acquisitions, refurbishments and developments in top university cities.
Roadside Development Acquires Galleria at Mt. Lebanon Shopping Center
Washington, D.C.-based Roadside Development has completed the acquisition of the Galleria at Mt. Lebanon, a 168,000‑square‑foot shopping center in Pittsburgh. The deal marks Roadside Development’s first investment outside the DC‑MD‑VA region. JLL represented the seller and CBRE represented Roadside Development...
CareTrust REIT Announces $628M Acquisition Spree Across US and UK
CareTrust REIT disclosed $628 million in acquisitions this month, including a $380 million purchase of 15 skilled-nursing facilities in California, $57 million for four senior-care homes in the UK, and a $20 million acquisition in Wyoming. The deals were funded...
Prescient Capital Secures $33.8M Debt Financing From BGO for Leeds Office Development
Prescient Capital secured a £27m ($33.8M) debt financing package from BGO to fund its speculative grade‑A office development at 31 Wellington Street in Leeds. The £60m project will deliver 80,000 sq ft of workspace, with construction underway and completion expected in 2027.
Itasca Park Sponsors $302.4M Non‑Prime Mortgage RMBS Deal
Itasca Park is sponsoring a $302.4 million securitization of a non‑prime mortgage pool, to be closed on April 30. The RMBS will be issued in 11 tranches under the CLIP 2026‑NQM1 trust, with initial note purchasers Nomura Securities International, J.P. Morgan Securities and Performance Trust...
BridgeCity Capital Provides $47.4M Construction Loan to Castell Group for Brooklyn Apartment Project
BridgeCity Capital originated a $47.4 million, two‑year construction loan for Castell Group’s 170‑unit multifamily development at 1029 Dean Street and 1104 Pacific Street in Prospect Heights, Brooklyn. The loan closed on Tuesday at an 81% loan‑to‑cost ratio, supporting a project slated...
Lincoln MGT Secures $146M Senior Debt Facility to Refinance One Station Hill in Reading
Lincoln MGT, a joint venture between Lincoln Property Company and MGT Investment Management, has secured a £115 million ($146 million) senior debt facility from Fiera Real Estate Debt Strategies to refinance the One Station Hill office development in Reading. The three‑year loan...
Crestyl Secures $182M Debt Financing From Apollo
Prague-based developer Crestyl has secured a €165 million (≈$182 million) loan from US asset manager Apollo to refinance its Polish platform, Spravia. The financing will support Crestyl's residential expansion plans in Poland.
Toll Brothers to Acquire Buffington Homes, Expanding Arkansas Footprint
Toll Brothers, one of the largest U.S. homebuilders, announced it will acquire private Arkansas builder Buffington Homes, adding nine communities and over 1,500 properties in northwest Arkansas. The deal, whose terms were not disclosed, is expected to close in Toll...
Mello Warehouse Securitization Trust Raises $500M in RMBS
Mello Warehouse Securitization Trust, sponsored by loanDepot.com, issued $500 million of residential mortgage‑backed securities (RMBS) under series 2026‑1. The transaction, backed by a three‑year revolving warehouse facility and rated AAA‑B by DBRS, is slated to close on April 27. Deutsche Bank serves as the...
PCCP Provides $130M Construction Loan for Mott Haven Mixed-Use Project
PCCP has extended a $130 million construction loan to a joint venture between Shorewood Real Estate Group and Bogopa Enterprises for The 360, a 13‑story mixed‑use development in Mott Haven, Bronx, delivering 304 apartments and a grocery‑anchored retail space. The loan, arranged...
Llechwen Hall Hotel Secures $2.9M Mortgage From Barclays Business Bank for Refurbishment
Welsh independent hotel Llechwen Hall Hotel has secured a £2.3 million ($2.9 million) commercial mortgage facility from Barclays Business Bank to fund refurbishment of guest rooms, bathrooms and core water infrastructure. The loan supports the hotel's continued growth and upgrade of its...
Investcorp Acquires $200M Multifamily and Senior Living Portfolio Across LA, NY, and NJ
Global alternative investment firm Investcorp announced the purchase of a three‑property residential portfolio comprising 463 units in Los Angeles, New York, and New Jersey for approximately $200 million. The deal includes two senior‑living facilities and a multifamily complex, expanding Investcorp’s senior‑housing...
CapitaLand Integrated Commercial Trust to Acquire Paragon Mall for over $3B
CapitaLand Integrated Commercial Trust (CICT) announced it will acquire Singapore's Paragon Mall from Cuscaden Peak for more than S$3.9bn (about $3bn). The deal will be funded by CICT's sale of Asia Square Tower 2 for $2.47bn to IOI Marina View...
CedarSt Companies Secures $56M Construction Loan From Amzak Capital Partners
Chicago-based CedarSt Companies obtained a $56 million construction loan from Amzak Capital Partners to fund a 215‑unit multifamily development in Fort Lauderdale’s Flagler Village. The financing will support residential units, ground‑floor retail, amenities, and parking. The loan was announced on...
Kloof Capital Acquires 54,000‑Sq‑Ft Flex Industrial Property in Stratford, CT
New York‑based family office Kloof Capital completed the acquisition of a 54,000‑square‑foot flex industrial property at 555 Lordship Blvd. in Stratford, Connecticut. The purchase price was not disclosed, and the deal was financed with a loan from First Bank of...
IDB Bank Provides $33M Refi for Former Macy’s Repositioning in Rockland County
Metropolitan Realty Associates secured a $32.8 million loan from IDB Bank to refinance its former Macy’s property in Nanuet, New York, acquired in 2018 for conversion to retail and self‑storage. The loan replaces a $22.8 million loan from Amherst Capital Management and supports...
MAG Partners Secures $148.7M Bridge Loan From Goldman Sachs Alternatives to Refinance Chelsea Development
MAG Partners, led by MaryAnne Gilmartin, obtained a $148.7 million bridge loan from Goldman Sachs Alternatives to refinance construction debt on its 188‑unit residential project at 355 Eighth Avenue in Chelsea. The loan, arranged by JLL, reflects strong leasing performance and a competitive financing market....
Northmarq Secures $145M Refinancing for Prometheus Real Estate Group's Cupertino Office Towers
Northmarq’s debt and equity team arranged a $145 million refinancing for The Towers at Cupertino City Center, a Class‑A office campus owned by Prometheus Real Estate Group. The transaction, announced in April 2026, was funded by institutional lenders attracted by the property’s...
CLS Holdings Secures $62.5M Revolving Credit Facility From OakNorth
CLS Holdings, a listed UK commercial property owner, has secured a £50 m ($62.5 m) revolving credit facility from digital bank OakNorth. The facility will refinance existing debt and fund asset‑management initiatives, including sustainable office upgrades across its European portfolio. The deal...
Blue Owl Capital to Acquire Sila Realty Trust in $2.4B Deal
Alternative asset manager Blue Owl Capital announced it will acquire health‑care REIT Sila Realty Trust for $2.4 billion, paying $30.38 per share, a 19% premium. The deal adds 137 developed properties across 65 markets to Blue Owl’s portfolio, marking the latest...
JLL Capital Markets Secures Debt Financing for Shadowbrook Capital's Extra Space Hillsborough Self-Storage Development
JLL Capital Markets arranged a five‑year construction and bridge loan for the 709‑unit Extra Space Hillsborough self‑storage project in Somerset County, New Jersey. The loan was secured through Provident Bank on behalf of borrower Shadowbrook Capital, though terms were not...
Gantry Secures $73M Permanent Loan to Refinance Prairie Creek Apartments
Gantry secured a $73 million permanent loan, funded by Fannie Mae, to refinance the 425‑unit Prairie Creek Apartments & Townhomes in Lenexa, Kansas. The five‑year, fixed‑rate, non‑recourse loan includes partial full‑term interest‑only and reflects a competitive multifamily debt market. The borrower is...
KingSett Capital and Choice Properties REIT to Acquire First Capital REIT in $6.9B Take‑private Deal
Toronto‑based First Capital Real Estate Investment Trust, which owns 136 shopping centres, is being taken private in a $9.4 billion (≈$6.9 billion USD) transaction that includes debt. Private equity firm KingSett Capital and Choice Properties REIT will acquire the REIT and split...
PGIM Provides $58.5M Loan to Beacon Capital Affiliate for One Brattle Square Refinance
PGIM’s real estate business has extended a $58.5 million floating‑rate loan to an affiliate of Beacon Capital Partners to refinance the One Brattle Square mixed‑use office and retail building in Cambridge, Massachusetts. The loan supports the high‑quality, well‑located asset and reflects...
Mapfre and Manova Partners Acquire Dublin Office Asset for Commingled Fund
Mapfre and Manova Partners have acquired a Grade A, fully let office asset in Dublin's central business district for a commingled fund. The acquisition adds a prime office property to the fund's portfolio, though financial terms were not disclosed.
CSC Real Estate Secures $108M Construction Loan for 770 Second Avenue Conversion
New York‑based CSC Real Estate has secured a $108 million construction loan from SCALE Lending to fund the office‑to‑residential conversion of 770 Second Avenue in Manhattan. The loan, arranged by Arrow Real Estate Advisors, will finance the transformation of 12 floors...
ORA Developers Acquires 4.8 Million Sqm Land From Modon Holding in UAE
ORA Developers announced the acquisition of an additional 4.8 million sqm of land in Ghantoot from Modon Holding, expanding its UAE land bank to 9.6 million sqm. The deal is expected to underpin a total project investment of AED 30 billion upon full development. The transaction...