Finance

MinnesotaFinance

Minneapolis’ Dougherty Markets closes $2.5 million loan for 66-unit apartment property

Minneapolis-based Dougherty Mortgage recently closed a $2.5 million loan for the acquisition of Bannock Arms Apartments, a 66-unit multi-family affordable housing property in Boise, Idaho.

MichiganFinance

Commercial real estate debt and the next fiscal cliff?

While a majority of America is keenly aware of the housing bubble, and at least somewhat familiar with the unraveling of the European markets, little…

MinnesotaFinance

Minneapolis’ Oak Grove Capital Funding celebrates busy November

Minneapolis-based Oak Grove Capital Funding originated a total of $183.27 million in financing between Nov. 1 and Nov. 20 of this year for affordable, market…

MinnesotaFinance

Opus Development set to build first high-end residential rental building in downtown Minneapolis in three decades

Opus Development Corporation announced in late November that the company's planned luxury high-rise apartment building, The Nic on Fifth, has closed on financing. Construction on…

MinnesotaFinance

U.S. Bank, Village Green provide financing for development of 254 luxury apartments in Minneapolis

U.S. Bank and Village Green in mid-November closed a significant piece of financing for the development of the Soo Line Building in Minneapolis. The renovation…

NebraskaFinance

NorthMarq arranges $13 million first mortgage refinance for multi-family development in Nebraska

John Bendon, senior vice president and managing director, and Jason Kinnison, vice president, of NorthMarq's Omaha regional office, arranged first mortgage refinancing of $13.875 million…

OhioFinance

Ohio’s Red Mortgage Capital closes more FHA loans than any other lender during most recent fiscal year

Columbus, Ohio-based Red Mortgage Capital boosted by 40 percent the volume of FHA loans it closed during the most recent fiscal year of the U.S.…

MinnesotaFinance

NorthMarq’s Minneapolis, Chicago offices arrange refinancing for 111,000-square-foot industrial property in Illinois

Brian Hennen, vice president of NorthMarq's Minneapolis regional office, and Jeff Frankel, senior director of NorthMarq's Chicago regional office, cooperated to arrange first mortgage refinancing…

MinnesotaFinance

Minneapolis’ Oak Grove Capital adds three senior-level personnel to its staff

Minneapolis-based Oak Grove Capital recently added three senior-level underwriters with an average of 13 years of experience to its growing team.

MinnesotaFinance

Grandbridge closes $13 million loan for medical office portfolio in Minneapolis/St. Paul

Grandbridge Real Estate Capital recently closed a $13.1 million first mortgage loan secured by a three-building medical office portfolio located in Minneapolis/St. Paul.