Scale Lending Provides $68M Loan for N.J. Multifamily Building’s Second Phase
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed multifamily deal value tracked in October 2026: $119M across 3 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
Capodagli Property Company has secured $67.5 million in construction financing to build the 200-unit second phase of Meridia Rahway Brownstones , a five-story multifamily complex in Rahway, N.J., according to a releas…
External link. Real Estate Trail does not republish source content.
Related coverage — Multifamily
68-Unit Chicago Lawn Multifamily Portfolio Changes Hands
Essex Realty Group completed the sale of the Chicago Lawn Portfolio, a 68-unit, three-building multifamily portfolio located at 6321–31 S. California Avenue, 6355–57 S. California Avenue, and 6400 S. Fairfield Avenue…
U.S. Apartment Rents Slip Downward in September; Annual Growth Gains Traction
U.S. apartment rents were slightly negative in September 2026, with the national average falling -0.08% to $1,752 from August’s upwardly revised $1,753, CoStar Group’s Apartments.com reported. The slight d…
Partnership Acquires 573-Unit Apartment Community in West Houston
HOUSTON — A partnership between Connecticut-based Spirit Investment Partners and Strategic Value Partners, which also operates out of Connecticut, has purchased Resia Ten Oaks, a 573-unit apartment community in West H…
Thompson Thrift to Develop 300-Unit The Highline Apartment Property Near Boise
NAMPA, IDAHO — Thompson Thrift has begin construction of The Highline, a multifamily community in Nampa, approximately 20 miles west of Boise. Slated to welcome residents in early 2028, The Highland will feature 300 o…
IPA Brokers $47.8M Sale of Astor at Osborn Apartments in Phoenix
PHOENIX — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of The Astor at Osborn, a mid-rise multifamily property in Phoenix. The asset traded for $47.8 million, or $250,…
Parks Associates: Managed Connectivity Is Becoming Essential Infrastructure For The Modern Multifamily Experience
New Parks Associates white paper, developed in partnership with Calix, examines the role of reliable connectivity, cybersecurity, smart home services, and stronger resident experiences PLANO, Texas, Oct. 1, 2026 /PRNe…