Finance

Cohen Financial closes $10.4 million loan for workforce housing in Kansas

Cathy Bronkema, managing director in the Grand Rapids, Michigan, office of Cohen Financial, has secured a $10.4 million Fannie Mae loan to refinance Oak Ridge…

Marcus & Millichap names president of finance subsidiary

Marcus & Millichap hired David Shillington, formerly of KeyBank, to be the next president of its financing subsidiary.

Wool Finance Partners arranges $4.5M loan

Martin Siegel and Gary Wool of Wool Finance Partners have arranged $4.5 million in financing for Pershing Terminal in Stickney, Illinois. The creative loan structure…

Lodge Financial secures $1.5M for the refinance of Chicago multifamily property

Lodge Financial's Matthew Lebenson recently closed a $1,475,000 commercial mortgage secured by a newly rehabbed, 6-unit multifamily property located in the heart of Chicago's Ukrainian…

Multifamily acquisition and rehab supported by $3.36M financing

Lodge Financial's Matthew Lebenson recently closed a $3,360,000 loan for the acquisition and rehab of a 28-unit apartment building located in the Edgewater neighborhood of…

Five tax advantages of buying a commercial property

Whether you buy a small apartment or a sizable commercial building, an investment in commercial property typically provides multiple tax breaks for a small company.…

Chicago’s Kinzie Hotel refinances for $30.5 million

Holliday Fenoglio Fowler, L.P. (HFF) announced the $30.5 million refinancing for Kinzie Hotel, a 215-room boutique hotel in the heart of Chicago's River North neighborhood.…

SunTrust originates $10.6M acquisition bridge loan for condo deconversion in Chicago

SunTrust Banks, Inc. announced that Manny Brown, head of SunTrust Mortgage Banking and agency division production, and John Gordon, vice president in SunTrust CRE's Chicago…

SunTrust CRE closes $8 million bridge loan for Michigan apartments

Evan Hom, managing director with SunTrust CRE, originated an $8.55 million bridge loan for the acquisition and renovation of Birch Hill Apartments in Westland, Michigan,…

Hall of Fame profile: Walker & Dunlop’s Patrick Dempsey

Each year, Midwest Real Estate News runs its Commercial Real Estate Hall of Fame issue, highlighting the careers of the region's most successful CRE pros.…

Finance

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