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JLL: Provident Bank closes construction, bridge loan to Hillsborough self-storage developer
1+ week, 1+ day ago (177+ words) A developer has secured construction and bridge financing for a planned 709-unit self-storage facility in Somerset County, brokers with JLL announced Monday. According to a news release, Provident Bank provided the five-year loan to Shadowbrook Capital in connection with the…...
CMLS writes bridge loan for self-storage property in Calgary
3+ week, 16+ hour ago (186+ words) 7 Apr 2026 | 08: 45 | Toronto | by Matt Lamers The proceeds are being used to replace a construction mortgage Oak North rolls out "50m debt facility to CLS Occupier agrees 41, 000 sq ft letting at Melbourn Science Park Sixth Street backs housing association in "1bn affordable living…...
There are signs the office property sector has bottomed
1+ week, 2+ day ago (87+ words) AFR When the turnaround happens, it will happen quickly. Investors should be in a position to quickly muster capital to take advantage of the change in direction. Offices have been the laggard of the commercial property sector over the past…...
Distressed CMBS debt hitting decade-old peaks as office loans continue to struggle
2+ week, 4+ day ago (191+ words) 10 Apr 2026 | 03: 04 | Summit | by Commercial Mortgage Alert staff The share of loans in special servicing hits the highest level since 2013 Hollis adds director to industrial and logistics team Consulting firm launches first regional flex workspace index Brent Cross Town secures "189m refinancing…...
ACRES Capital Provides $96 M Construction Loan for White Plains Multifamily Project
2+ week, 6+ day ago (305+ words) WHITE PLAINS, N. Y. " ACRES Capital Corp. has provided a $96 million construction loan for 70 Westchester, a new multifamily project in White Plains, located north of New York City. The number of units and floor plans was not disclosed, but residences will be…...
Red Oak Capital Holdings Provides $8. 43 M Bridge Loan for Hotel-to-Multifamily Conversion in Covington Louisiana
3+ week, 5+ day ago (220+ words) Yield PRO Red Oak Capital Holdings, LLC, a leading provider of private capital solutions for commercial real estate, has provided an $8. 43-million bridge loan for the acquisition and conversion of We Stay Suites, a vacant 100-key hotel property in Covington,…...