Walker & Dunlop Secures $216M Refinancing for Prime SoHo Mixed-Use Asset
Event summary
- Walker & Dunlop arranged $216M bridge financing for 568 Broadway, a 390,745 sq ft mixed-use property in Manhattan’s SoHo neighborhood.
- The deal was structured for a joint venture between Aurora Capital, Allied Partners, and A&H Acquisitions.
- The property features 70,870 sq ft of retail space fully leased to high-profile tenants and office space occupied by tech and wellness firms.
- Walker & Dunlop’s Capital Markets team has sourced over $13.9B from non-Agency capital providers in the first half of 2026.
The big picture
This refinancing underscores the continued demand for trophy assets in prime Manhattan locations, particularly in supply-constrained submarkets like SoHo. Walker & Dunlop’s ability to source significant non-Agency capital highlights the firm’s strength in structuring complex deals for high-value properties. The transaction also reflects broader trends in commercial real estate, where mixed-use assets with strong retail and office tenancy remain highly sought after by investors.
What we're watching
- Market Scarcity
- How SoHo’s supply-constrained office and retail submarket will affect future rent growth and occupancy durability.
- Tenant Stability
- Whether the property’s mix of high-profile retail and office tenants can sustain long-term value.
- Capital Flow
- The pace at which Walker & Dunlop can secure similar large-scale refinancing deals in competitive markets.