Funding
Walker & Dunlop Arranges $216 Million Bridge Refinancing for 568 Broadway in Manhattan's SoHo
By News Desk ·
Key takeaways
- Walker & Dunlop arranged $216 million in bridge financing to refinance 568 Broadway, a 12-story, 390,745-square-foot mixed-use property in Manhattan's SoHo.
- ACORE Capital provided the financing for a joint venture of Aurora Capital, Allied Partners, and A&H Acquisitions.
- The property's approximately 70,870-square-foot retail component is 100% leased to Hugo Boss, Athletic Propulsion Labs, GU, and Equinox.
Walker & Dunlop arranged $216 million in bridge financing to refinance 568 Broadway, a 12-story mixed-use trophy asset in Manhattan's SoHo, with ACORE Capital providing the loan. Business Wire published the announcement on October 14, 2026.
Walker & Dunlop's 568 Broadway Financing
Walker & Dunlop Capital Markets Institutional Advisory served as exclusive advisor to a joint venture between Aurora Capital, Allied Partners, and A&H Acquisitions. Aaron Appel, Dustin Stolly, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Sean Reimer, Jordan Casella, and Stanley Cayre arranged the financing with ACORE Capital.
"Few assets can match this Broadway property's combination of premier corner positioning, Broadway frontage, strong retail tenancy, recently upgraded infrastructure, and flexible office product," said Stolly, senior managing director of Capital Markets Institutional Advisory at Walker & Dunlop. "SoHo remains one of Manhattan's most supply-constrained office and retail submarkets, with limited large-block inventory and minimal new competitive supply."
568 Broadway is a 12-story, 390,745-square-foot property comprising office and retail space. The property's approximately 70,870-square-foot retail component is 100% leased to Hugo Boss, Athletic Propulsion Labs, GU, and Equinox, while the office component is leased to tenants including Zocdoc, The Farmer's Dog, and Milk Makeup. The property sits at the corner of Broadway and Prince Street.
ACORE Capital lent $71.25 million to North Palisade Partners for the Palisade Santee Commerce Center in Santee, California, Commercial Observer reported on October 6, 2026.
Walker & Dunlop's Capital Markets Volume
According to akta.pro company records, Walker & Dunlop sourced over $13.9 billion from non-Agency capital providers in the first half of 2026, including nearly $9.6 billion for multifamily properties. The firm's full-year 2025 total transaction volume was $54.8 billion, and its servicing portfolio expanded to $146.4 billion as of the first quarter of 2026.
| Funding round | Date | Amount | Lead investor |
|---|---|---|---|
| Post-IPO debt | September 2025 | $156.6 million | Fannie Mae |
| Post-IPO debt | June 2025 | $170 million | Fannie Mae |
| Post-IPO debt | March 2025 | $400 million | Not stated |
| Post-IPO debt | December 2024 | $245 million | TYKO Capital |
Walker & Dunlop's Recent Financing Deals
Walker & Dunlop arranged a $110 million refinancing for 1879 at the Grid and Arc at the Grid, two Class A multifamily properties in Stafford, Texas, FinancialContent Business Page reported on October 14, 2026. The loan, from TPG Real Estate Credit, covers 731 units across 653,000 rentable square feet.
Stock Titan reported on October 12, 2026, that Walker & Dunlop arranged $203.5 million in construction financing for 50 Third Avenue, a 184-unit mixed-use multifamily development in Manhattan's East Village. Pulse 2.0 reported the same day that Walker & Dunlop arranged $86.5 million in bridge financing for Chasen, a 352-unit multifamily community in Richmond, Virginia, with a variable-rate, interest-only loan from a private credit lender on behalf of Capital Square.
568 Broadway's Next Steps
Walker & Dunlop said the financing refinances 568 Broadway. The company directed readers to its website for information on its financing options.