10Y UST4.98%-1.39%30Y MTG7.24%-1.09%SOFR3.95%+0.25%VNQ$94.65+0.76%XLRE$43.47+0.69%FED FUNDS3.88%
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 coverage — New York · Mixed Use

Connect CRE · New York · Mixed Use

Development Site Trades within Atlantic Avenue Mixed-Use Plan

Ariel Property Advisors closed the $21-million sale of a development site at 566 Grand Ave. and 836 Dean St. in Prospect Heights, Brooklyn. The corner development site comprises approximately 86,065 buildable square f…

Oct 28
Commercial Observer · New York · Office

Law Firm Vedder Inks 49K SF Lease at 1221 Avenue of the Americas

Vedder , an international business-focused law firm with over 400 lawyers and other employees around the world, is relocating its New York City office to Rockefeller Group ’s 1221 Avenue of the Americas , the property…

26m ago
Commercial Observer · New York

Got Your Six Cannabis Dispensary Secures Manhattan Flagship

A cannabis store is opening its Manhattan flagship location at the base of a luxury Tribeca condominium building. Got Your Six , a licensed dispensary based in New Jersey, has signed a 2,300-square-foot lease at 256 W…

37m ago
Commercial Observer · New York · Office

Manhattan Office Leasing Jumped 54% Month-Over-Month in October

Manhattan office leasing momentum jumped sharply in October compared with September and the same month last year, according to Colliers . In its monthly office report, the brokerage said leasing volume in Manhattan ju…

1h ago