Walker & Dunlop Arranges $216 Million Refinancing for Trophy Broadway Property in Manhattan

Walker & Dunlop served as exclusive advisor to the property’s joint venture, arranging financing with ACORE Capital.

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BETHESDA, Md.--(BUSINESS WIRE)-- Walker & Dunlop, Inc. announced today that it arranged $216 million in bridge financing to refinance 568 Broadway, a mixed-use trophy asset located in Manhattan’s SoHo neighborhood.

568 Broadway. Photo Credit: Aurora Capital, Allied Partners, and A&H Acquisitions

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. That scarcity limits competitive leasing pressure while supporting future rent growth, occupancy durability, and long-term value.”

568 Broadway is a 12-story, 390,745-square-foot property comprising of 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 a mix of tenants including Zocdoc, The Farmer’s Dog, and Milk Makeup.

Located at the prominent corner of Broadway and Prince Street, 568 Broadway benefits from exceptional visibility, frontage, and pedestrian traffic at the intersection of SoHo’s high-volume retail corridor and its luxury, pedestrian-driven shopping district. Surrounded by premier retail, fashion, technology, media, wellness, and consumer brands, the property offers a highly desirable setting for both office and retail users in one of Manhattan’s most sought-after mixed-use neighborhoods.

In the first half of 2026, Walker & Dunlop’s Capital Markets team sourced over $13.9 billion from non-Agency capital providers, including nearly $9.6 billion for multifamily properties. This vast experience has made them a top advisor on all asset classes for many of the industry’s top developers, owners, and operators. To learn more about Walker & Dunlop’s broad financing options, visit our website.

About Walker & Dunlop

Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry.

Phone 301.215.5500

7272 Wisconsin Avenue, Suite 1300
Bethesda, Maryland 20814

View source version on businesswire.com: https://www.businesswire.com/news/home/20261014411314/en/

Media:
Nina H. von Waldegg
Public Relations
Phone 301.564.3291
nhvwaldegg@walkerdunlop.com

Source: Walker & Dunlop, Inc.

Key Terms

bridge financing financial

Bridge financing is short-term funding a company uses to cover expenses until longer-term financing or a sale comes through. Think of it as a temporary loan or financial “bridge” that keeps operations running—similar to borrowing to cover a gap between paychecks. Investors watch bridge financing because it can signal cash pressure, potential dilution, or higher costs to raise capital, which affect a company’s risk and value.