Multifamily finance in a volatile market
In an era of extended volatility and disrupted economic norms, multifamily continues to hold its position as the top asset class for commercial real estate…
Finance
Cinnaire closes $340 million LIHTC fund, the largest in organization’s history
Cinnaire closed a $340 million Low-Income Housing Tax Credit (LIHTC) multi-investor fund (Fund 43)—the largest investment fund in the organization’s 32-year history. Designed to create…
Gantry provides $30.25 million loan for 265-unit multifamily property in Kansas City
Gantry secured a $30.25 million permanent loan to refinance bridge financing for the Black Lark Apartments at 1980 N. 2nd St. in Kansas City, Missouri.…
Hanson joins board of Republic Bank of Chicago
Breck Hanson has joined the board of directors of Republic Bank of Chicago. Hanson brings more than 40 years of banking experience to Republic Bank,…
JLL secures construction financing for first development phase of Wisconsin Dells resort
JLL Hotels & Hospitality Group secured construction financing for the Phase 1A development of the 208-key Dellshire Resort in Wisconsin Dells, Wisconsin. JLL worked on behalf…
KeyBank Real Estate Capital closes $28 million loan for multifamily property in Harlingen
KeyBank Real Estate Capital (KBREC) secured a $28 million Freddie Mac floating rate loan for Presidium, a Texas-based real estate developer, to refinance existing debt…
3650 Capital provides $55 million refi loan for 15-story office property in Clayton
3650 Capital led the origination of a $55M loan to refinance Shaw Park Plaza, a Class-A, 15-story, 278,000-square-foot office property in downtown Clayton, Missouri. The…
Merchants Capital provides $32.9 million in financing for 60-unit multifamily development in St. Paul
Merchants Capital provided $32.9 million in financing for the construction of East 7th Street, a 60-unit affordable and supportive multifamily housing development in St. Paul, Minnesota. Merchants…
Marcus & Millichap Capital Corporation closes $6 million refinance loan for Dayton Children’s Behavioral Health Center
Marcus & Millichap Capital Corporation arranged $6 million for the refinancing of Dayton Children’s Behavioral Health Center, a medical office facility at 5501 Far Hills…
Greystone provides $41 million in bridge financing for acquisition of six assisted-living facilities in Minnesota
Greystone provided $41 million in bridge financing to Oxford Capital Group for the acquisition of six assisted living facilities totaling 372 beds in Minnesota. The…