News
Partnership Secures Refi for Class A San Diego Apartments
CBRE has secured a $98-million loan to refinance Radian, a 241-unit Class A multifamily property at 675 Ninth Ave in San Diego. Mark McGovern, Scott Peterson and Morgon Fraser with CBRE Capital Markets’ Debt & Structured Finance arranged the three-year, fixed-rate, permanent loan on behalf of the borrower, a partnership between Cisterra Development and Spruce Capital Group. Lender and loan terms...
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Newmark Arranges $143M Fannie Mae Loan on Southeast NH Multifamily
Newmark arranged a $143.1-million financing loan for The Fairways, an 849-unit Class B apartment complex located at 1 Forest Ridge Rd. in Derry, NH. Vice chairman Ed Belz arranged the funding on behalf of landlord Makor Capital. Fannie Mae provided the funding. “Newmark and Fannie Mae were able to deliver an extraordinary execution, allowing Makor to distribute a portion...
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RentCafe Taps McKinney as “Best Place to Rent”
McKinney has claimed the #1 spot in the U.S. this year, outperforming 149 other cities with the kind of balance today’s renters are increasingly seeking: modern apartments, a strong local economy, and overall livability. That’s according to RentCafe.com’s Best Cities for Renters Report in 2025. The rankings are based on an in-depth analysis of 20 key metrics, from affordability...
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Oxford Secures Record $650M CMHC Apartment Construction Loan
Oxford Properties Group has secured a record $650-million Canada Mortgage and Housing Corporation loan for a massive purpose-built Toronto rental-housing development project that broke ground Tuesday. The loan is the largest in Toronto under CMHC’s Apartment Construction Loan Program and will cover the majority of the $750-million project’s cost. The project is located in the...
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Empire Closes Refis on 3 Phoenix-Area BTR Communities
Empire Group of Companies recapitalized three of its single-family build-to-rent communities across the Phoenix metropolitan area. The number of units was 610, with the size of each unit between 680 and 1282 square feet. The company closed bridge loans totaling over $144 million with Arbor Realty Trust, Inc. (NYSE: ABR), retiring the construction debt and...
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Moderno Obtains $117M Financing for Ft. Lauderdale Apartments
Moderno Development Group closed on a $117 million loan to refinance Rivr Lofts, a newly delivered 352-unit multifamily property in Fort Lauderdale. JLL arranged the three-year, floating-rate loan. Scott Aiese, Alex Staikos, and Michael DiCosimo led JLL Capital Market’s Debt Advisory team, which represented the borrower. The newly constructed Rivr Lofts is located at 307...
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Florida Investor Inks Refis for 3 Rental Assets
Robbins Property Associates obtained refinancing on three Central Florida multifamily properties. Berkadia secured the $107.3 million loan. Mitch Sinberg, Scott Wadler, Brad Williamson, and Hugo Hernandez of Berkadia Boca Raton and Miami arranged the financing on behalf of Robbins. Berkadia originated, and Freddie Mac purchased a 10-year, fixed-rate loan for each property. The properties in...
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Kacar has Closed $4B-Plus in CRE Mortgage Loans
(Ana Kacar is among the 2025 Canadian Next Generation Award recipients, as selected by Connect CRE Canada. This profile explains how she stands out among her peers. Read about all of the award winners.) By Amy Wolff Sorter As First National Financial’s director of commercial financing, Ana Kacar prepares detailed loan summaries for construction, acquisition, refinancing, assumption,...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout