Newmark arranges refinancing for 293-unit Citadel Apartments in Houston

NMRK•2026-10-29

Newmark arranged a bridge loan on October 28 to refinance Lightstone’s 293-unit Citadel Apartments in Houston. Greystar provided the financing through its debt fund platform, replacing debt from Lightstone’s 2021 off-market acquisition.

1. Refinancing arranged

Newmark arranged a bridge loan on October 28, 2026, to refinance Lightstone’s Citadel Apartments, a 293-unit Class A multifamily property in Houston’s Heights submarket. Greystar provided financing through its debt fund platform.

2. Loan replaces earlier debt

The refinancing replaces debt arranged for Lightstone’s off-market acquisition in 2021 and extends the loan term through a new lending relationship.

Sources

Newmark arranges refinancing for 293-unit Citadel Apartments in Houston

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Newmark arranges refinancing for 293-unit Citadel Apartments in Houston

1. Refinancing arranged

2. Loan replaces earlier debt

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