Continental Properties closes $480m refinancing for 10 multifamily communities
Wednesday, November 4, 2026 · first reported by IREI
Continental Properties has closed a $480 million loan that refinances 10 multifamily communities in Continental Properties Real Estate Development Fund II. The properties hold 2,731 apartment homes in Florida, Georgia, Illinois, Indiana, Iowa, Michigan and Tennessee. They belong to a fund portfolio of 23 communities and over 5,700 homes.
New York Life Investment Management (NYLIM) was the lender. The proceeds will pay off construction debt and return capital to investors. Walker & Dunlop Capital Markets Real Estate Finance arranged the financing, led by executive vice president Jim Cope.
- Also named
- New York Life Investment Management, Walker & Dunlop Capital Markets Real Estate Finance
- Fund
- Continental Properties Real Estate Development Fund II
- Size
- $480M
- Stage
- Raising
- Asset class
- Real estate
- Geography
- North America
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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