Columbus’ RED Mortgage Capital names new president
Trent Brooks has been named president of RED Mortgage Capital in Columbus, Ohio, the mortgage-banking arm of capital provider RED Capital Group.
Finance
Love Funding provides $16 million in financing for low-income apartments in Michigan
Love Funding recently closed on two loans totaling $16.4 million to build a multifamily housing community for low-income residents in Ecorse, Michigan.
Berkadia provides $10 million in financing for vintage Chicago apartment building
Berkadia secured financing of $10 million for the vintage Dearborn Plaza Apartments at 1030 N. Dearborn in Chicago.
Maverick Commercial Mortgage provides $5.4 million in financing for Missouri mobile home park
Maverick Commercial Mortgage, a Chicago-based commercial mortgage banking firm, arranged both bridge and subsequent permanent financing in the amount of $5.4 million at a 10-year…
Dougherty closes $24 million loan for Ohio apartment tower
Dougherty Mortgage recently closed a $24.8 million Fannie Mae loan for the refinancing of Shoregate Towers, a 404-unit market-rate multifamily apartment property in Willowick, Ohio.
The State Bank provides financing for acquisition of Michigan apartment community
The State Bank recently closed the financing for the acquisition of a multifamily property in downtown Birmingham, Michigan.
Associated Bank provides financing for three affordable-housing projects in Wisconsin
Associated Bank recently provided $20.6 million in total equity and $11.5 million in total construction/bridge financing to Gorman & Company for the development of three…
Industry vet joins Chicago’s Newport Capital Partners
Anne Arnold has recently joined the team at Chicago's Newport Capital Partners as principal and chief operating officer.
Industry vet joins Chicago’s Newport Capital Partners
Anne Arnold has recently joined the team at Chicago’s Newport Capital Partners as principal and chief operating officer.
Walker & Dunlop provides $15 million in financing for Green Bay-area multifamily project
Walker & Dunlop recently structured a $15.5 million loan for Manseau Flats, a 78-unit Class-A multifamily development along the western bank of the Fox River…