CBRE Arranges Acquisition Loan for Fort Greene Mixed-Use
Why this matters
Mixed-use is where the most interesting urban repositioning is happening. Office-to-residential conversions in Manhattan, Washington, and Philadelphia have moved from pro-forma exercises to closed transactions, and walkable suburban densification is drawing patient capital with longer hold periods than the traditional core or value-add fund structures support. New York continues to bifurcate sharply: trophy office leasing at record rents, commodity Class B in conversion discussions or court-supervised processes. Rent-stabilized multifamily remains supply-constrained and tightly held. For allocators, mixed-use offers exposure to multiple property types within a single basis, which has become attractive as monoline sector forecasts have widened.
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On the RET wire
- The 130th New York story tracked on the wire in October 2026. All New York coverage →
- Disclosed mixed use deal value tracked in October 2026: $204M across 3 reported transactions. All Mixed Use coverage →
- 96 stories mentioning CBRE on the wire in the past 90 days. CBRE coverage →
Computed from Real Estate Trail’s own tracked coverage
CBRE Capital Markets arranged a $12-million acquisition loan for the purchase of 680 Fulton St., a mixed-use property in Brooklyn’s Fort Greene neighborhood. The Debt & Structured Finance team of Shamir Seidman, Judah…
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