refinancing

The senior housing and multifamily bridge lender originated a $455m refinancing component and a $15m working capital line as part of the deal.

Rudin Management Company’s deal to extend a $425m loan on a New York office and Triple Five Group’s $1.39bn CMBS Minnesota mall extension come via agreements to complete substantial capital improvements.

The venture is now expanding its footprint into the industrial and car wash sectors.

The alternative lender is updating its bridge program to tap into more mid-market opportunities for stabilized and near-stabilized assets.

The loan supplements $415m in Freddie Mac financing for sponsor Sunroad Enterprises.

A consortium headed by JPMorgan Chase, with Deutsche Bank and Morgan Stanley as co-lenders, originated the five-year loan.

The Nashville-based manager is retiring existing debt linked to Rechler Equity Partners’ five-building Hampton Business District with the loan.

The Newark-based manager is refinancing existing PGIM mortgages linked to Class A properties in North Carolina and Washington State.

The industrial outdoor storage specialist used the funding to refinance maturing loans and secure 64 properties in Alterra IOS Venture II.

The funding will be used by Keystone Group for two assets, one of which will be converted for residential use.