Finance

Merchants Capital closes $17.4 million in equity for affordable seniors property in Fort Wayne

Carmel, Indiana-based financial services provider Merchants Capital has secured $17.4 million in Low-Income Housing Tax Credit equity financing for the new construction of Reserve on…

Bernard Financial Group closes $35 million loan for mixed-use portfolio in Ann Arbor

Bernard Financial Group closed a $35.75 million CMBS loan for a 428,667-square-foot mixed-use portfolio in Ann Arbor, Michigan. The borrowing entity is Blackbird Ann Arbor…

District Capital provides $4 million of acquisition financing for Michigan mixed-use property

Mike Lemon with District Capital recently financed a $4 million mixed-use property acquisition in Clarkston, Michigan. The loan consists of a 10-year fixed rate locked…

Lument closes four refinances in Ohio, Indiana and Tennessee

Lument has closed four refinance loan transactions totaling $11.5 million for United Church Homes, a non-profit organization that has developed more than 2,700 residential units…

Expert perspectives: Investment outlook 2024

2023 stood out as a significant year for the sector, and while things are constantly changing, enthusiasm for what's in store remains undiminished. Recently, we turned…

The fourth-quarter push: Close what you can, pave the way for 2024

The march to year end is underway. Regardless of a company’s role in commercial real estate, the focus now is pushing to meet year-end goals…

Colliers Mortgage closes refinance loans of $30 million for Indianapolis, Nashville-area properties

Colliers Mortgage has procured two loans totaling $30 million for the refinance of an 85-unit build-to-rent townhome community in metro Nashville, and a 318,000-square-foot industrial…

Colliers Mortgage closes $26.6 million refinance loan for Minnesota apartment development

The Colliers Mortgage Minneapolis team of Tony Carlson and Ben Fazendin have closed a $26.6 million Fannie Mae loan for the refinancing of Montreal Courts…

Byline Financial Group climbs Monitor 100 list as a top lender in 2023

Byline Financial Group continues to make gains on the Monitor 100 as one of the top U.S. equipment finance companies thanks to its fast-growing equipment finance division. Byline…

Boston Financial closes $164 million multi-investor fund

Boston Financial closed its Boston Financial Institutional Tax Credits 59 Limited Partnership, a $164 million LIHTC fund. ITC 59 is the second multi-investor LIHTC fund…

Finance

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