KeyBank finances 75‑unit affordable and supportive housing in Compton
, October 2, 2025 News Summary KeyBank Community Development Lending and Investment is providing a $25.9 million construction loan for a new three‑story, 75‑unit affordable housing building at 1434 W. Compton Blvd. The development will split units between permanent supportive housing and general affordable apartments, all restricted at or below 50% of area median income. On‑site […]
One Brickell Riverfront Secures $513 Million Construction Loan
Brickell, Miami, October 1, 2025 News Summary Developers secured $513 million in construction financing to build One Brickell Riverfront at 99 SW 7th St. in Miami’s Brickell neighborhood. The package includes $370 million in senior construction financing from a private lender and a $143 million mezzanine loan from 3650 Capital. Led by Newgard Group with Two […]
Arrow Arranges $73M Construction Loan for 18-Story Upper East Side Condominium
171 East 86th Street, Upper East Side, Manhattan, October 1, 2025 News Summary A $73 million construction loan has been arranged to fund the ground-up development of an 18-story luxury condominium at 171 East 86th Street on Manhattan’s Upper East Side. The financing was provided by a private lender and negotiated by Arrow’s advisory team, including […]
Construction and Manufacturing Roundup: Manufactured Home Financing, Puerto Rico HUB, St. Croix Air Link and Philippine Factory Growth
United States, October 1, 2025 News Summary A national review of financing options for mobile and manufactured homes highlights a range of government-backed, conventional, chattel and renovation loan products and wide variation in land and credit requirements. Puerto Rico launched a 14-center Manufacturing HUB network offering training, advisory services and capital access for small and midsize […]
Private Capital Steps In as Banks Pull Back on New Construction
United States, October 1, 2025 News Summary A growing shortage of homes has pushed new construction to the forefront, but many banks are retreating from speculative ground-up projects. Private capital is filling that financing gap by offering faster closings, flexible underwriting and phased, performance-based funding tied to construction milestones. Although private construction loans often carry higher […]
Rents Flat or Falling Nationwide, San Francisco Posts Double‑Digit Gains
United States, September 29, 2025 News Summary Rents have cooled across much of the country as a large wave of new apartment supply and softer demand ease upward pressure on prices. The national median one-bedroom holds near $1,517 while two-bedrooms sit near $1,894, leaving overall rents about 1% below year-ago levels. At the same time median […]
Local community banks launch donation drives and report lending totals amid separate fraud probe
Pendleton, Oregon, September 29, 2025 News Summary The Bank of Eastern Oregon has started a monthlong drive collecting canned food and clothing at branches across 18 rural service areas ahead of Oregon Community Bank Week. The announcement included statewide lending totals that underscore community banks’ support for local projects, including $4.3 billion in construction lending plus […]
Major affordable-housing moves in Milwaukee: building conversions, new mixed-income project, and state bills
Milwaukee, Wisconsin, September 28, 2025 News Summary Milwaukee is seeing a multi-pronged push to expand affordable housing: a developer is nearing a deal to convert the vacant former human services building at 1220 W. Vliet St. into 66 affordable apartments with ground-floor commercial space and a county behavioral health clinic; an Indiana-based developer has broken ground […]
Marcus & Millichap Arranges $14.5M Construction Loan for Homestead Extra Space Storage
Homestead, Florida, September 27, 2025 News Summary Marcus & Millichap Capital Corp.’s Miami office arranged a $14.5 million construction loan to finance a 1,038-unit Extra Space Storage development at 1995 N.E. 8th St. in Homestead, Florida. The planned facility will total about 135,800 square feet and be operated by Extra Space Storage upon completion. The five-year […]
Hyperscaler AI Spurs Capital‑Intensive Data Center Buildout
, September 27, 2025 News Summary Rapid hyperscale cloud and AI growth is triggering a capital‑intensive sprint to build next‑generation data centers, requiring project‑level construction debt, HoldCo facilities, mezzanine equity and permanent takeouts. Developers and lenders are adopting layered financing and accelerated diligencing to close larger, higher‑power projects, while local grids and communities confront transmission upgrades, […]