Direct commercial lender X-Caliber Capital Holdings has closed an additional $131 million Rural PACE-X financing deal for Phase II of Marcella Landing in Park City, Utah. Developed by Reef Capital Partners, the ultra-luxury ski community has now received $313.2 million in total funding from X-Caliber. The capital will fund a second phase of townhomes and supporting infrastructure at Deer Valley East Village.
Greystone Capital Advisors has arranged a $103 million bridge loan for Vantage Communities Inc. to refinance three residential developments in Central Texas. The floating-rate debt covers 864 Class A units across the Austin and San Antonio areas. Provided by Benefit Street Partners, the interest-only facility features an initial three-year term with extension options to support the portfolio through full property stabilisation.
ESR has exercised an upsize option on its sustainability-linked refinancing facility after beating its initial US$2 billion target due to high demand from international lenders. The five-year multi-currency loan facility consolidates existing debts and supports expansion across Asia-Pacific logistics real estate, data centres and energy infrastructure. The move follows US$1.1 billion in net debt repayments completed in 2025 as part of ongoing deleveraging plans.
Greystone has successfully arranged a $38.75 million refinancing package for Skylar Lofts in Jersey City. The newly built 80-unit luxury multifamily development was created by The Manhattan Building Company. Functioning as the opening phase of a major six-part master redevelopment project, the six-story property features premium residential spaces alongside ground-floor retail units and structured parking spaces.
Marcus and Millichap Capital Corporation has arranged an 85 million USD construction loan for a 297,771-square-foot mixed-use scheme in Beverly Hills. The six-story development at 55 North La Cienega Boulevard will deliver 140 luxury apartments and 13,303 square feet of retail space. It is expected to become the largest residential complex in the history of Beverly Hills.
Dubai Holding Real Estate and Commercial Bank of Dubai have launched a digital home financing scheme. The programme serves UAE Nationals and residents buying off-plan or finished properties across Nakheel, Meraas and Dubai Properties. It introduces automated pre-approvals and early financing options once construction reaches 30%, offering conventional and Islamic options alongside premium banking rewards.
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