Finance

Associated Bank Supplies $29.4M Acquisition and Development Loan for Chicago TOD

by Lynn Peisner July 29, 2026

CHICAGO — Associated Bank has provided a $29.4 million loan to a joint venture of North Park Ventures and SNS Realty Group for the development of a transit-oriented project at 3233-47 N. Sheffield Ave. in Chicago. The loan includes funds for the acquisition of the former Tortenson Glass Co., which includes approximately 30,000 square feet. Tortenson operated at the site from 1910 to 2024. The five-story, 99-unit apartment building will offer 84 market-rate units and 15 affordable-housing units. Floor plans will consist of studios, one- and two-bedrooms. Amenities will feature …

July 29, 2026

Colorado Finance News Western

Mesa West Capital Delivers $81M Refinancing for Atlas Peakview in Centennial, Colorado

by Lynn Peisner July 29, 2026

CENTENNIAL, COLO. — Mesa West Capital has provided an $81 million short-term first mortgage loan to a joint venture between The Dinerstein Cos. and PGIM. The loan will refinance Atlas Peakview, a 330-unit development in the Denver suburb of Centennial. Walker & Dunlop’s Tom Melody, Paul House and John Melody arranged the loan. The property has reached 85 percent occupancy since opening in 2025. Atlas Peakview, located at 7800 E. Peakview Ave., offers studio through three-bedroom apartment floor plans and two- and three-bedroom townhomes. Community amenities include a resort-style pool …

July 29, 2026

Development Finance News Texas

Conor Commercial, Globe Corp. Secure $78.7M Takeout Loan for Dallas Luxury Development

by Lynn Peisner July 28, 2026

DALLAS — Conor Commercial Real Estate and Globe Corp. have obtained a $78.7 million takeout loan for The Flynn at Live Oak, a five-story, 327-unit property in Dallas that was completed in December 2025. JLL arranged the loan through Blue Owl Capital. The Flynn at Live Oak features studios, one- and two-bedroom apartments and amenities such as a 2,500-square-foot pool, two outdoor courtyards with fire pits and grilling stations, a sky lounge with downtown views, a fitness center with outdoor yoga space, coworking offices and a grab-and-go convenience store. The …

July 28, 2026

Affordable Housing Development Finance Florida News Southeast

HTG, AM Affordable Housing Break Ground on Artisan Pointe in Naranja, Florida

by Lynn Peisner July 27, 2026

NARANJA, FLA. — Housing Trust Group (HTG) and AM Affordable Housing have secured financing to begin construction of the first phase of Artisan Pointe, an affordable housing community in Naranja, 34 miles south of Miami. Located at 26115 S. Dixie Highway, Artisan Pointe will include 115 units in the first phase. Rents for the one- and two-bedroom units are restricted to 30, 60 and 70 percent of area median income (AMI). Monthly rents for qualifying residents will range from $766 for a one-bedroom apartment at the 30 percent AMI tier …

July 27, 2026

Affordable Housing California Finance News Western

Watt Capital Developers Secures Refinancing, HAP Contract Renewal for Los Angeles Affordable Housing

by Lynn Peisner July 27, 2026

LOS ANGELES — Walker & Dunlop has arranged a $28.9 million loan to refinance Billy G. Mills Manor, an affordable housing community in Los Angeles. Walker & Dunlop’s Jeff Kearns and Laura Woltanski arranged the loan through HUD/FHA’s Section 223(f) loan program on behalf of Watt Capital Developers. The community features 102 units supported by a Project-Based Section 8 Housing Assistance Payment (HAP) contract covering 100 percent of the residences. The refinancing also supplies funding for approximately $30,000 per unit for planned renovations, including roof replacement, new windows and sliding …

July 27, 2026

Arizona Finance News Western

PCCP Provides $51.8M Refinancing Loan for Everly at Morrison Ranch in Metro Phoenix

by Lynn Peisner July 24, 2026

GILBERT, ARIZ. — PCCP has provided a $51.8 million senior loan to a joint venture between Phoenix Capital Management and P.B. Bell for the refinancing of Everly at Morrison Ranch in Gilbert. Located at 4353 E. Elliot Road, Everly at Morrison Ranch was built in 2025. The 236-unit community is 97 percent leased and is within Morrison Ranch, a master-planned neighborhood in Gilbert. Units are offered as one-, two- or three-bedroom floor plans complemented by amenities such as a resort-style pool and hot tub, private workspaces, electric vehicle charging stations, …

July 24, 2026

Company News Development Finance News Northeast Operations

JLL Arranges $617M in Financing for Grubb Properties

by Lynn Peisner July 23, 2026

NEW YORK CITY AND CHARLOTTE, N.C. — JLL has arranged $617 million in financing for Charlotte, North Carolina-based Grubb Properties, supporting the formation of a new real estate investment trust and the completion of a 64-story apartment tower in Manhattan’s Financial District. JLL’s mergers and acquisitions and corporate advisory group first advised on the merger of several legacy Grubb Properties funds and their rebranding as Link Apartments REIT. The approximately $1.9 billion Grubb Properties-managed REIT has a portfolio of 45 properties, including more than 5,600 multifamily units. In conjunction with …

July 23, 2026

Development Finance Illinois Midwest News

Joint Venture Closes on Financing for Two-Tower Mixed-Income Development in Chicago

by Lynn Peisner July 22, 2026

CHICAGO — Tree Street Group, along with development partners Magellan Development Group and Mark Goodman & Associates, has closed on an undisclosed amount of construction financing obtained through Bank OZK, Beach Point Capital and Circle Property Partners for 410 N. Elizabeth, a 33-story high-rise in Chicago’s Fulton Market neighborhood. It will be the first phase of a two-tower, mixed-use development. 410 N. Elizabeth will include 383 units, with 77 apartments set aside as affordable. Rent restrictions were not disclosed. Upon completion of both phases, the development will comprise about 724 …

July 22, 2026

Development Finance Florida News Southeast

Dependable Equities Obtains $54M for Two-Tower Project in Fort Lauderdale

by Lynn Peisner July 21, 2026

FORT LAUDERDALE, FLA. — Dependable Equities has obtained a $54 million construction loan from CDK Capital, with Valley National Bank serving as a participating lender, to support the planning and pre-development of two luxury high-rise communities located at 101 SE 7th St. and 633 SE 3rd Ave. in Fort Lauderdale. Dependable Equities is the South Florida division of Sky Equity Group, a New York City-based real estate development firm. Together, the projects encompass approximately 2 million square feet featuring 1,460 condominium and multifamily residences and roughly 14,000 square feet of …

July 21, 2026

Development Finance News Texas

Helaba Provides Construction Loan for Dallas High-Rise

by Lynn Peisner July 17, 2026

DALLAS — Endeavor Real Estate Group, in partnership with Canyon Partners Real Estate, has secured an undisclosed amount of construction financing for Lucille, a 22-story, 265-unit luxury tower located in Uptown Dallas at 2700 McKinney Ave. German commercial bank Helaba was the lender. Amenities will include a rooftop lounge with an infinity-edge pool, cabanas, a private dining room, outdoor dining areas, grilling stations and an observation deck. The building will also have 24-hour concierge services, parcel storage lockers, dry cleaning lockers, coworking space, a business center, private conference rooms, a …

July 17, 2026

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