Finance

Pillar closes $11 million loan for acquisition of 240-unit apartment community in Columbus

Pillar has originated an $11.68 million Fannie Mae DUS loan for the acquisition of Citation Club Apartments, a 240-unit multi-family property at 600 Trinity March…

Axilla Capital closes $10 million loan for iconic apartment towers in Detroit

Axilla Capital has arranged a $10 million loan to refinance the Parkstone & Parkhurst Apartments in Detroit.

HFF closes refinancing for St. Louis’ iconic Chase Park Plaza Hotel

HFF has secured a refinancing for Chase Park Plaza Hotel, a AAA-rated Four-Diamond 338-key hotel in the Central West End area of St. Louis.

Walker & Dunlop closes acquisition of Johnson Capital’s loan-origination and -servicing platform

Walker & Dunlop has completed its previously announced acquisition of Johnson Capital's loan origination and servicing platform. Johnson Capital, formerly one of Walker & Dunlop's…

Arbor Commercial Mortgage debuts LoanExpress loan-processing tech

Arbor Commercial Mortgage, LLC has launched a new proprietary online loan processing technology platform, Arbor LoanExpress.

Walker & Dunlop closes $27 million loan for The Den student-housing project near University of Missouri

Walker & Dunlop, Inc. has originated a $27.5 million loan for The Den, a student housing apartment complex located in Columbia, Mo.

Oak Grove Capital closes $27 million acquisition loan for 297-unit apartment property near Minneapolis

Oak Grove Capital recently originated a $27 million fixed-rate Fannie Mae loan to Oak Residential Partners, LLC, for the acquisition of Stratford Wood Apartments, a…

Associated Bank: Opening a universe of possibilities with new REIT division

Associated Bank has long been active in the Middle Market space in the Midwest. But the bank's leaders had bigger plans: They wanted to expand…

Pillar closes $8 million worth of loans for Michigan apartment communities

Pillar recently originated loans totaling $8.072 million for two multi-family properties in Michigan. David Wilkins, vice president of Pillar in the Bloomfield Hills, Mich., office,…

St. Paul’s Oak Grove Capital ends year on busy note

St. Paul, Minn.-based lender Oak Grove Capital closed 12 loans for $112.6 million in the Midwest from Nov. 19 through Dec. 31 of last year.

Finance

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