Richman Group closes $166 million fund for 18-state portfolio
The Richman Group Affordable Housing Corporation recently closed a $166 million fund, U.S.A. Institutional Tax Credit Fund LXXXIX L.P.
Finance
Q10|Daisley Ruff Financial provides financing for 38-unit mixed-use property in Omaha
Roger Porter, senior vice president of Q10 | Daisley Ruff Financial, arranged $3.9 million in financing for the Cornerstone Apartments, a 38-unit mixed-use property in…
Lender Greystone names new managing director, head of CMBS production
Robert Russell has joined Greystone, a national provider of multi-family and healthcare mortgage loans, as head of CMBS production and managing director of the firm's…
Minnesota’s Oak Grove Capital originates $38 million loan for multi-family project in New Orleans
St. Paul, Minn.-based Oak Grove Capital recently originated a $38.3 million HUD 220 loan for The Paramount at South Market, a multi-family community in New…
Arbor Commercial funds seven multi-family loans for more than $49 million; several for Midwest properties
Arbor Commercial Mortgage recently funded seven FHA-insured multi-family loans for more than $49 million. The loans went to fund several multi-family properties in the Midwest.
Is Detroit dead? Not by a longshot
Is Detroit dead? Not according to Eugene Szkilnyk, a senior analyst in Integra Realty's Detroit office. And that's largely thanks to conduit lenders.
Marcus & Millichap Capital Corporation provides $18 million of debt for student-housing building in Michigan
Marcus & Millichap Capital Corporation arranged $18 million of debt for Arboretum Circle, a 240-unit student housing asset in Kalamazoo, Mich.
Associated Bank’s Jaki Becker: It’s the relationships that matter
Jaki Becker has logged more than 25 years in the commercial real estate business. Today, she is the senior vice president and relationship manager with…
Missouri’s Gershman Mortgage provides more than $141 million in multi-family financing in third quarter
Clayton, Mo.-based Gershman Mortgage financed more than $141 million in multi-family deals during the fiscal third quarter.
Grandbridge Real Estate Capital closes $3.8 million loan for 97-unit apartment complex in Minnesota
Grandbridge Real Estate Capital recently closed a $3.8 million first mortgage loan secured by a 97-unit multi-family property in St. Cloud, Minn. This refinance transaction…