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Thursday, November 5, 2026Commercial real estate news

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RATE WATCHDaily benchmarks 10-year Treasury4.84%-6 bpAs of Nov 5 5-year Treasury4.59%-10 bpAs of Nov 5 SOFR3.92%-2 bpAs of Nov 5 Effective Fed funds3.88%UnchangedAs of Nov 5

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New YorkJobs YoY +0.2%Unemployment 4.3%FloridaJobs YoY +0.6%Unemployment 4.4%TexasJobs YoY +1.1%Unemployment 4.4%CaliforniaJobs YoY +0.7%Unemployment 5.1%New JerseyJobs YoY +0.1%Unemployment 4.2%North CarolinaJobs YoY +1.3%Unemployment 3.4%AlabamaJobs YoY +1.0%Unemployment 3.5%AlaskaJobs YoY +1.2%Unemployment 4.3%ArizonaJobs YoY +0.6%Unemployment 4.9%ArkansasJobs YoY +0.9%Unemployment 3.9%ColoradoJobs YoY +0.4%Unemployment 4.1%ConnecticutJobs YoY +0.9%Unemployment 5.1%DelawareJobs YoY +0.3%Unemployment 4.6%District of ColumbiaJobs YoY -3.5%Unemployment 5.6%GeorgiaJobs YoY 0.0%Unemployment 3.3%HawaiiJobs YoY +0.1%Unemployment 2.8%IdahoJobs YoY +1.0%Unemployment 3.6%IllinoisJobs YoY +0.2%Unemployment 4.6%IndianaJobs YoY -0.4%Unemployment 3.4%IowaJobs YoY +0.3%Unemployment 3.2%KansasJobs YoY +0.3%Unemployment 3.8%KentuckyJobs YoY 0.0%Unemployment 4.7%LouisianaJobs YoY +1.8%Unemployment 4.0%MaineJobs YoY +0.1%Unemployment 3.3%MarylandJobs YoY -0.5%Unemployment 3.9%MassachusettsJobs YoY +0.4%Unemployment 4.3%MichiganJobs YoY 0.0%Unemployment 5.0%MinnesotaJobs YoY +1.2%Unemployment 4.5%MississippiJobs YoY +0.6%Unemployment 3.3%MissouriJobs YoY +1.0%Unemployment 3.6%MontanaJobs YoY -1.0%Unemployment 3.1%NebraskaJobs YoY +0.4%Unemployment 2.9%NevadaJobs YoY +1.6%Unemployment 4.7%New HampshireJobs YoY +0.3%Unemployment 2.6%New MexicoJobs YoY +1.3%Unemployment 4.7%North DakotaJobs YoY +0.2%Unemployment 2.2%OhioJobs YoY +0.3%Unemployment 3.4%OklahomaJobs YoY +0.8%Unemployment 4.2%OregonJobs YoY -0.1%Unemployment 5.0%PennsylvaniaJobs YoY +0.7%Unemployment 3.6%Rhode IslandJobs YoY -0.1%Unemployment 3.6%South CarolinaJobs YoY +2.3%Unemployment 4.0%South DakotaJobs YoY +0.4%Unemployment 2.0%TennesseeJobs YoY +0.8%Unemployment 3.4%UtahJobs YoY +1.5%Unemployment 3.5%VermontJobs YoY -0.1%Unemployment 2.6%VirginiaJobs YoY -0.6%Unemployment 3.6%WashingtonJobs YoY +0.7%Unemployment 4.8%West VirginiaJobs YoY 0.0%Unemployment 4.0%WisconsinJobs YoY +0.4%Unemployment 3.2%WyomingJobs YoY +0.9%Unemployment 3.0%

Multifamily financing / NEWS

Walker & Dunlop arranges $109.9 million loan for Franklin apartments

Wells Fargo provided financing for the acquisition of the 560-unit Wyndchase Aspen Grove community, according to Walker & Dunlop.

Maya BennettCapital MarketsNovember 9, 2026 · 2 min read

Archival view of buildings and trees in Franklin, Tennessee, beneath a dawn sky. — Archival illustrative view of Franklin, Tennessee, at dawn. Photo: Dclemens1971 via Wikimedia Commons. Archival illustrative photograph; not presented as the specific property in this report. Photo: Dclemens1971 / Wikimedia Commons · CC BY-SA 4.0. Commons resize where applicable; CSS display crop. Adapted display remains under CC BY-SA 4.0.

Acquisition financing

Walker & Dunlop said it arranged $109.9 million in acquisition financing for Wyndchase Aspen Grove, a 560-unit apartment community in Franklin, Tennessee. Wells Fargo provided the financing for an institutional client that was not named in the announcement. REBusinessOnline reported the transaction on Nov. 9, 2026, describing the loan amount as $110 million. Walker & Dunlop Arranges $110 Million Financing for Multifamily Community in Tennessee | Walker & Du; Walker & Dunlop Arranges $110M Financing for Multifamily Community in Franklin, Tennessee - REBusine

The acquisition loan has a floating interest rate and an interest-only payment structure, according to Walker & Dunlop. Its Capital Markets Real Estate Finance team arranged the financing; the firm identified Allan Edelson, Justin Nelson, Jeremy Seid, Joe Tarantino and PJ Feichtmeier as the people who worked on the assignment. Walker & Dunlop Arranges $110 Million Financing for Multifamily Community in Tennessee | Walker & Du

Neither the company announcement nor the independent report gives a loan closing date or an acquisition price. The financing is therefore recorded as announced, and the reported date should not be treated as a closing date. REBusinessOnline identified the unnamed institutional client as the borrower. Walker & Dunlop Arranges $110 Million Financing for Multifamily Community in Tennessee | Walker & Du; Walker & Dunlop Arranges $110M Financing for Multifamily Community in Franklin, Tennessee - REBusine

The property is in Franklin’s Aspen Grove/Cool Springs corridor, near Interstate 65, according to Walker & Dunlop. Its residences average 1,091 square feet, and the community has more than 60 acres of green space. The two accounts differ on its building count: Walker & Dunlop reports 33 residential buildings, while REBusinessOnline reports 30. Walker & Dunlop Arranges $110 Million Financing for Multifamily Community in Tennessee | Walker & Du; Walker & Dunlop Arranges $110M Financing for Multifamily Community in Franklin, Tennessee - REBusine

financing multifamily acquisition financing