Category Business

Walker & Dunlop, Inc. has successfully arranged $148.5 million in loan proceeds to refinance Admirals Row, an expansive mixed-use development located in the revitalized Brooklyn Navy Yard. The property, developed by Steiner NYC, spans 696,000 square feet across eight acres…

Galvanize Real Estate (GRE), the sustainable real estate arm of investment firm Galvanize Climate Solutions, has announced the acquisition of a 608,000-square-foot industrial property located at 150 Milford Road in Central New Jersey, strategically situated along the I-95 corridor. This…

A recent survey by Redfin reveals that 74% of U.S. residents earning less than $50,000 per year struggle to make regular mortgage or rent payments. Among those affected, nearly one-quarter (24%) have reported skipping meals to cover housing costs. In…

X-Caliber Holdings LLC, a national direct commercial real estate lender specializing in impact lending, has announced the successful closing of a $26.3MM financing deal. This marks the company’s inaugural Rural PACE-X transaction, facilitating the ground-up construction of a Holiday Inn…

Hilton Grand Vacations (HGV) has successfully closed an upsized $850 million revolving warehouse facility, designed to accommodate both deeded and trust inventory, including loans from Bluegreen Vacations, which HGV acquired in January 2024. The facility offers a 90% maximum advance…

Pacific Retail Capital Partners (PRCP) and Synergy Construction have officially broken ground on their redevelopment project at Yorktown Center in Lombard, Illinois. The new development will transform the former Carson’s anchor box into a vibrant, mixed-use community. The project includes…

Kennedy Wilson, a global leader in real estate investment and a prominent lender in multifamily and student housing sectors, has successfully closed a $175 million senior construction loan for the Artwalk Towers, a new 595-unit multifamily community in Jersey City,…

ProWood, a leader in treated wood products, has partnered with Dixieply, a trusted distributor since 1944, to expand the availability of ProWood FR Fire Retardant Treated (FRT) wood in key Southeastern markets. Through this collaboration, Dixieply will distribute ProWood’s fire-retardant…

To address Ontario’s housing crisis, Marshall Homes has partnered with local government to secure rapid approval for its new “Time” community of urban townhomes in just five weeks, bypassing the usual 18-24 month timeline for such projects. This fast-tracked approval…

China’s construction industry is projected to grow by 7.4% in 2024, reaching CNY 9.13 trillion, with a steady CAGR of 6.4% expected through 2028, resulting in an estimated CNY 11.72 trillion by that year. This growth will be supported by…