Sunrise Realty Trust and Southern Realty Trust have secured shareholder approvals for their planned merger, clearing a major hurdle toward combining the commercial real estate lenders into a larger publicly traded platform.At a special meeting Friday, October 23,...
Walker & Dunlop arranged a $110 million refinancing for two apartment communities in Stafford, Texas, securing new debt for 731 residences in the Houston metropolitan area.The financing covers 1879 at the Grid and Arc at the Grid, two Class A properties within a...
Walker & Dunlop arranged $216 million in bridge financing for 568 Broadway, a 12-story office and retail property in Manhattan’s SoHo neighborhood, in a transaction that highlights continued lender interest in select mixed-use assets.The company said its...
JLL has arranged two loans totaling $276 million to refinance a pair of senior housing properties in Southern California, another sizable financing in a sector benefiting from long-term demographic demand but still facing elevated capital costs.The financing covers a...