Finance

CBRE provides $14 million of financing for student-housing complex near Indiana University

CBRE Capital Markets' Debt & Structured Finance team has arranged $14.65 million in permanent debt for the refinance of the Stratum at Indiana, a 180-unit…

St. Louis’ Midwest BankCentre hires SVP of commercial lending

Daniel Bloomfield has joined Midwest BankCentre as senior vice president of commercial lending, based at the bank's Chesterfield, Missouri, branch. He has 29 years of…

St. Louis’ Midwest BankCentre hires SVP of commercial lending

Daniel Bloomfield has joined Midwest BankCentre as senior vice president of commercial lending, based at the bank’s Chesterfield, Missouri, branch. He has 29 years of…

Foreign investors circle the Chicago market

After years of being overlooked, Chicago is attracting the attention of a new crop of real estate hopefuls. No longer seen as a flyover city,…

Bernard Financial provides $317,000 for Detroit parking lot

Bernard Financial Group has closed a $319,000 loan for a surface parking lot in Detroit. The borrowing entity is 2974 West Grand LLC.

KeyBank Community Development provides $8 million in financing for Cincinnati apartments

KeyBank Community Development Lending & Investment has provided a total of $8.3 million in 9-percent LIHTC financing to The Model Group, Inc. and Over-the-Rhine Community…

Grandbridge provides financing for pair of apartment buildings in Omaha

Grandbridge Real Estate Capital recently closed two first-mortgage loans secured by a pair of apartment complexes consisting of 119 and 217 units in Omaha, Nebraska.

CIBC names new head of commercial banking in Wisconsin

CIBC has named Jim Roemer head of commercial real estate banking in Wisconsin. Roemer, who succeeds Mark Lemke, will work in the company’s Milwaukee office.

Aries Conlon Capital arranges $12.5M loan for Crowne Plaza Hotel near Midway

Aries Conlon Capital announced that Principal and CEO Rushi Shah has closed on a $12.5 million bridge loan for the Crowne Plaza Chicago-SW Burr Ridge…

KeyBank Real Estate provides $20 million of funding for Ohio apartment community

KeyBank Real Estate Capital has secured a $20.7 million Fannie Mae, first mortgage loan for Parc Apartments, located in Gahanna, Ohio.

Finance

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