Finance

IllinoisFinance

Affiliate of Next Realty closes refinance of mixed-use development in Chicago’s River North neighborhood

Kingsbury Orleans LP, a partnership led by an affiliate of Next Realty LLC, has refinanced Kingsbury Center at 350 W. Hubbard St. in Chicago’s River…

WisconsinFinance

Marcus & Millichap Capital Corporation arranges $8.7 million in construction financing for 48-unit apartment property in Sheboygan Falls

Marcus & Millichap Capital Corporation arranged $8.7 million in financing for the construction of Marshview Apartments, a 48-unit multifamily property near Plank Trail Lane in Sheboygan…

TexasFinance

JLL Capital Markets provides financing for Houston’s Clock Tower Residences

 JLL Capital Markets announced today that it has arranged the financing for Clock Tower Residences, a boutique multifamily addition to its Heights Clocktower mixed-use project in Houston, Texas.…

MichiganFinance

Bernard Financial Group provides $4 million in financing for Farmington Hills office property

Bernard Financial Group arranged a $4 million permanent life insurance company loan for a 89,691-square-foot office Property in Farmington Hills, Michigan. The borrower is HRFG…

IndianaFinance

Carmel’s Merchants Capital names EVP of credit and operations

Carmel, Indiana-based financial services provider Merchants Capital appointed Naureen Dhanani as Executive Vice President of Credit and Operations, a newly established role reporting directly to the president and chief executive…

TexasFinance

JLL Capital Markets provides acquisition financing for key Houston office tower

 JLL Capital Markets secured fixed-rate acquisition financing with an insurance company for 3555 Timmons, a 227,064-square-foot, Class-A office building in Houston's Greenway Plaza district. JLL worked…

MinnesotaFinance

JLL Capital Markets provides $55.62 million in financing for 188-unit housing development in Eden Prairie

 JLL Capital Markets secured joint venture equity and construction financing totaling $55.62 million for The Fox and The Grouse Phase II, a 188-unit multi-housing development in…

MichiganFinance

Cinnaire provides $38 million in financing to preserve affordable housing in Kentwood

Cinnaire closed a $12 million Low-Income Housing Tax Credit (LIHTC) equity investment as well as $23.5 million loan with its partners CPC Mortgage Company to…

TexasFinance

Priority Capital Advisory closes $26.6 million refinance for Class-A office tower in Houston

Priority Capital Advisory arranged a $26.6 million bridge refinance for 2 Westlake, a 467,609-square-foot Class-A office tower at 580 Westlake Park Blvd. in the heart…

MinnesotaFinance

CBRE closes $25.54 million refinance loan for Minnesota multifamily community

CBRE secured a $25.54 million loan to refinance Aery, a 147-unit, Class-A multifamily community in Hermantown, Minnesota. CBRE’s Billy Mork, Mike Vannelli and Joel Torborg of CBRE Capital Markets’ Debt…