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Commercial Observer

For real estate trends & commercial real estate news, Commercial Observer has the latest on leases, financing, sales, construction, architecture, & design.

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News

Commercial Observer
commercialobserver.com > 2025 > 12 > benefit-street-partners-84m-refi-queens

Benefit Street Partners Provides $84M Refi for Queens Luxury Rental

9+ mon, 6+ day ago   (194+ words) RJ Capital Holdings has secured $84 million to refinance Trylon Tower, a 170-unit luxury residential tower that opened this year in Queens, Commercial Observer can first report. Benefit Street Partners provided the debt, while a Newmark team of Jordan Roeschlaub, Daniel…...

Commercial Observer
commercialobserver.com > 2025 > 10 > drawbridge-anduril-oc-office-calif-invesco

Drawbridge Buys O.C. Office for $78M, Signs Anduril to 190K-SF Lease

11+ mon, 4+ day ago   (281+ words) Drawbridge Realty has closed on a three-building office campus in Orange County, Calif., just as it signed a new tenant to lease the entire property. Anduril Industries, the defense contractor named after the fictional sword of Aragorn from “The Lord…...

Commercial Observer
commercialobserver.com > 2025 > 11 > dwight-mortgage-trust-augusta-georgia-apartments-masters

Dwight Mortgage Trust Tees Up $41M Refi for Augusta Apartments

9+ mon, 3+ week ago   (150+ words) Hillpointe has hit the fairway for one of its newly completed apartment communities down the road from Augusta National Golf Club, where the famed Masters golf tournament tees up every April. The multifamily developer secured $41 million of bridge debt to…...

Commercial Observer
commercialobserver.com > 2025 > 11 > castellan-capital-santa-monica-loan-housing-multifamily

Castellan Capital Loans $42M to Refi Santa Monica Mixed-Use Complex

9+ mon, 3+ week ago   (242+ words) The building, completed in 2015, features 30 condos atop about 23,600 square feet of retail anchored by Trader Joe’s. Castellan Capital Loans $42M to Refi Santa Monica Mixed-Use Complex By Nick Trombola November 18, 2025 1:00 pm A Hong Kong-based investment platform has refinanced a mixed-use complex…...

Commercial Observer
commercialobserver.com > 2025 > 11 > starwood-property-trust-inwood-manhattan-apartments

Starwood Property Trust Refis Inwood Apartments With $161M Loan

10+ mon, 1+ week ago   (177+ words) Arden Living has landed a $161 million loan to refinance a multifamily asset in northern Manhattan, Commercial Observer can first report. Starwood Property Trust provided the loan for Arden’s Forty Six Fifty property in Manhattan’s Inwood neighborhood. “This refinancing reflects the…...

Commercial Observer
commercialobserver.com > 2025 > 11 > 360-capital-funding-greenpoint-brooklyn-condos

360 Capital Funding Refis Greenpoint Apartments With $32M Loan

10+ mon, 1+ week ago   (192+ words) Navistone Development has nabbed $31.75 million of bridge debt to refinance a newly developed multifamily property in Brooklyn’s Greenpoint neighborhood, Commercial Observer has learned. 360 Capital Funding, a private direct bridge lender, provided the loan for the developer’s six-story building at 36 India…...

Commercial Observer
commercialobserver.com > 2025 > 11 > la-shomof-long-beach-office-discount-california

L.A.’s Izek Shomoff Buys SoCal Office Tower at 63% Discount

10+ mon, 1+ week ago   (234+ words) Shomof Group founder Izek Shomof is on the hunt for discounted office assets in Southern California, and a tower in Long Beach is the latest to get nabbed in his net. Shomof paid $50 million for Landmark Square, a 24-story, 460,000-square-foot…...

Commercial Observer
commercialobserver.com > 2025 > 10 > irive-co-one-american-plaza-sale

Irvine Co. Sells Final San Diego Office Tower for 60% Off 2006 Deal

10+ mon, 2+ week ago   (237+ words) Donald Bren’s Irvine Company has traded its last office tower in Downtown San Diego at a major loss compared to its 2006 purchase price, capping the firm’s move to pivot out of San Diego’s office market. Saca Development’s John and Payton…...

Commercial Observer
commercialobserver.com > 2025 > 10 > interstate-equities-socal-apartments

Interstate Equities Corporation Seals $146M for SoCal Refi

10+ mon, 4+ week ago   (295+ words) Multifamily investment firm Interstate Equities has sealed a $145.8 million financing package to refinance a Southern California multifamily asset, Commercial Observer has learned. “By layering... Interstate Equities Corporation Seals $146M for SoCal Refi By Andrew Coen October 14, 2025 2:55 pm Multifamily investment firm Interstate…...

Commercial Observer
commercialobserver.com > 2025 > 10 > refi-yonkers-apartments

Acore Capital Supplies $145M Refi for Yonkers Apartments

11+ mon, 1+ week ago   (358+ words) Azorim North America has nabbed a $145 million debt package to refinance a newly completed multifamily asset in Yonkers, N.Y., Commercial Observer can first report. Acore Capital provided the three-year senior loan and mezzanine financing for Azorim North America’s 364-unit, two-building Miroza…...