Finance

MichiganFinance

Greystone provides $17 million in financing for Michigan mixed-use development

Greystone has provided a $17.665 million HUD-insured loan to finance the new construction of 409 on Nine, a 127-unit Green-certified mixed-use property located on Nine…

MichiganFinance

Detroit’s District Capital launches capital markets platform

Detroit, Michigan-based District Capital has launched its Capital Markets and Servicing Platform to meet demand in the city’s hot commercial real estate market.

Maverick closes four first loans for Indiana multifamily properties

Benjamin Kadish of Maverick Commercial Mortgage closed four first mortgage loans in Indiana on the following portfolio of multi-family properties:

Old Town multifamily project a go with closing of funding round

New York-based Prodigy Network has closed the first round of equity funding for a seven-story multifamily building in the Old Town neighborhood, its inaugural project…

PGIM provides $15 million of loans for Kentucky seniors facilities

PGIM Real Estate Finance recently provided a combined $15.3 million for two Morning Pointe senior communities in Kentucky.

Lodge Financial arranges $7.8M in acquisition, construction financing for Chicago office property

Lodge Financial's Matthew Bowker recently closed a $7,850,000 loan for a repeat client to acquire and rehab a Chicago office property with 100,000 rentable square…

National Equity Fund names Matthew Reilein as president and CEO

National Equity Fund, a syndicator of the low-income housing tax credits (LIHTC) program, announced the appointment of Matthew Reilein as president and CEO, effective June…

MinnesotaFinance

Dougherty closes $12 million in financing for Minnesota affordable apartments

Dougherty Mortgage recently closed a $12.8 million HUD 221(d)(4) loan for the acquisition and substantial rehabilitation financing for multifamily development Unity Place in Brooklyn Center,…

American Street Capital provides $5.3M multifamily financing

American Street Capital (ASC) has secured a $5.3 million bridge loan for a 72-unit multifamily complex located in Oak Forest, Illinois. The loan was originated…

OhioFinance

NorthMarq closes $4.3 million refinance for Ohio industrial facility

Noah Juran, Senior Vice President/Senior Director of NorthMarq's Cincinnati-based regional office, negotiated the $4.3 million refinance of South Pioneer Industrial, a 131,000-square-foot industrial property at…