Finance

JMP OppZone Services launches Opportunity Zone platform

Chicago-based JMP OppZone Services (JMP), a fund services group focused exclusively on financial and administrative support related to Opportunity Zone (OZ) investing, has launched an…

Dougherty closes $1.5 million refinance loan for South Dakota apartments

Dougherty Mortgage recently closed a $5.1 million Fannie Mae loan for the refinancing of Dakota Estates II, a 72-unit market-rate multifamily apartment property in Aberdeen,…

Berkadia provides $323 million in refinance funds for multifamily portfolio

Berkadia arranged a total of $323 million in refinancing for a 13-property multifamily portfolio with 3,881 units throughout the Midwest and Southeast United States.

CBRE lines up financing for West Loop office building

CBRE recently represented RDG Funds LLC in the financing of 156 N. Jefferson Street, a class A, loft office building located in Chicago's West Loop.…

JLL arranges $84M refi loan for Sterling Bay development in Fulton Market

JLL Capital Markets successfully arranged a refinancing on behalf of Sterling Bay and institutional investors advised by J.P. Morgan Asset Management for 210 N. Carpenter,…

Old Republic shuffles senior executive ranks

Old Republic International Corporation (ORI) announced several changes in its senior executive ranks effective October 1, 2019. Craig Smiddy, ORI's president and chief operating officer,…

Duff & Phelps adds to property tax team with addition of Norman Quinn

Duff & Phelps, a New York-based valuation and corporate finance advisor has hired Norman Quinn CMI, CRE, FRICS as a managing director in the property…

Bernard Financial Group closes $6 million loan for Michigan hotel

Bernard Financial Group closed a $6.1 million loan for an 86-room hotel in Comstock Park, Michigan, in the Grand Rapids metropolitan area.

Lodge Financial secures acquisition financing for Chicago multifamily property

Lodge Financial's Matthew Bowker recently closed a $975,000 loan for the acquisition of a 12-unit multifamily property located in the West Rogers Park neighborhood of…

Associated Bank finalizes $5.5M loan for warehouse in McHenry, Illinois

Associated Bank has completed a $5,560,000 bridge loan to Midwest Industrial Funds for acquisition of a 218,000-square-foot industrial warehouse facility at 1301 Ridgeview Drive in…

Finance

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