Northeast

The Textile Building received a bridge loan boost after its post-pandemic renovation with backing from PGIM, Tribeca Investment and Meadow Partners.

The New York-based manager is looking for construction lending opportunities in and beyond the stateside Sun Belt market for its next $10bn of volume.

The funding will be used by an undisclosed sponsor to refinance an eight-asset, 3.6 million-square-foot Class A industrial pool spanning six states.

Real estate private credit lenders helped complete the capital stack, which comprises a $415m CMBS loan, a $40m B-note and a $60m mezzanine loan, according to Newmark.

Madison Realty Capital originated a $720 million senior loan to finance Metro Loft and David Werner’s residential conversion of the New York office building.

San Antonio-based manager continues its 2026 lending streak with a deal backed by PCCP, Claremont Development and Stanberry Development group.

The New York-based lender originated its first office-to-residential conversion financing alongside a mixed-use condominium and hotel development deal.

The refinancing comprises a $140m loan and a $82m loan for two separate Class A properties in Manhattan.

The New York-based manager has tracked nearly $1.03bn in originations over the past two weeks across hotel, multifamily and office-to-residential deals.