10Y UST5.01%+0.20%30Y MTG6.95%+2.81%SOFR3.85%+6.35%VNQ$93.37-0.47%XLRE$42.76-0.41%FED FUNDS3.63%
Real Estate Trail
Institutional Press Wire
REBusiness Online · New York · Mixed Use

Walker & Dunlop Arranges $293M Refinancing for Mixed-Use Property in Manhattan

Via REBusiness Online · September 18, 2026
Compiled by Real Estate Trail Editorial · September 18, 2026

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.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from REBusiness Online:
NEW YORK CITY — Walker & Dunlop (NYSE: WD) has arranged a $293 million loan for the refinancing of 40 Tenth Avenue, a 158,957-square-foot mixed-use building located in Manhattan. The property sits in the city’s Meatpa…
Read the full article at REBusiness Online

External link. Real Estate Trail does not republish source content.

Related coverageNew York · Mixed Use

Connect CRE · New York · Mixed Use

Related Launches Leasing for Tuxedo Luxury Rentals

Related Companies has officially begun its first phase of leasing for residences at The Village at Tuxedo Reserve, the mixed-use town center in the 1,200-acre Tuxedo Reserve community in New York’s Hudson Valley…

Sep 15