Finance

Philipsborn provides $6.5 million in financing for Wisconsin warehouse

The Philipsborn Company has completed construction and long-term, fixed-rate, first mortgage financing of $6.5 million for a 137,185-square-foot office-warehouse distribution center in Sturtevant, Wisconsin.

Greystone closes $77 million refinance of Indiana apartment community

Greystone has provided a $77 million Fannie Mae DUS loan to refinance Park West Apartments in Griffith, Indiana. Dan Sacks and Eric Rosenstock with Greystone…

Columbus’ RED Capital Group closes $245 million during second quarter

Columbus, Ohio-based RED Capital Group closed $245.27 million in transactions in the second quarter of 2018.

SunTrust closes $20 million loan for Dayton apartment complex

Joe Markech, managing director in SunTrust Banks' Chicago office, originated $20.3 million with Fannie Mae for the refinance of a 300-unit Class-B garden-style multifamily property…

Lincoln Park luxury residential development lands $21M in financing

Holliday Fenoglio Fowler, L.P. (HFF) announced $20.95 million in financing for the development of 42 luxury apartment units at Norweta Row in Chicago's Lincoln Park…

Berkadia secures over $48M for Bush Temple high-rise refinancing

Berkadia announced the recent $48.5 million financing for Bush Temple at 800-812 N. Clark Street, a multi-phase, 230-unit apartment project with ground floor retail in…

Dougherty closes $5.7 million refinance for seniors cooperative in Iowa

The Minneapolis office of Dougherty Mortgage closed a $5.7 million HUD 213/223(a)(7) loan for the refinance of Village Cooperative of Clinton, a 44-unit, market-rate seniors…

Former Citigroup president joins board at Money360

John Havens, former president and chief operating officer of Citigroup, has joined the board of advisors of Money360, a technology-enabled direct lender that specializes in…

Dougherty closes $10 million loan for affordable multifamily in Minnesota

The Minneapolis office of Dougherty Mortgage LLC closed a $10.8 million HUD 223(f) loan for the rehabilitation of Maple Pond Homes, a 168-unit multifamily affordable…

Berkadia sells, provides financing for 151-unit Wisconsin apartment building

Berkadia recently closed the sale and financing of Swan Creek Apartments, a 151-unit garden-style multifamily property in Fitchburg, Wisconsin.

Finance

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