Värde Partners closed $309 million in U.S. commercial real estate loan originations in the first quarter of 2021. The six transactions span multifamily, office, and hospitality assets across four states and the District of Columbia.

“In an environment where lending conditions have tightened, Värde is able to offer borrowers flexible and reliable capital. We have seen significant demand for the financing of office space, hotels, and multifamily housing with committed sponsors through the pandemic,” said Jim Dunbar, Senior Managing Director at Värde Partners.

Loans closed over the quarter include:

• $63 million for the acquisition of a multifamily property in Frisco, Texas.
• $63 million for the acquisition of a multifamily property in Lewisville, Texas.
• $55 million for the refinancing of an office property in Indianapolis, Indiana.
• $49 million for the refinancing of an office property in Orange, California.
• $40 million for the acquisition a multifamily property in Centennial, Colorado.
• $39 million for the acquisition of a hospitality property in Washington, D.C.