Finance

PCCP provides $42 million loan for acquisition of San Antonio’s Heritage Plaza

PCCP provided a $42 million senior loan to RPM Living Investments for the acquisition of Heritage Plaza, a 341-unit, Class-A apartment community at 227 Dwyer…

MMCC provides $4.1 million in financing for 29,891-square-foot retail strip center in Romeoville

Marcus & Millichap Capital Corporation arranged $4.1 million in financing for Carillon Court, a 29,891-square-foot retail strip center at 444 N. Weber Road in Romeoville,…

Cambridge Realty Capital provides $19 million in financing to seniors housing properties in Texas, Missouri

Cambridge Realty Capital provided $19,315,500 in HUD-insured Section 223(f) financing for two senior housing properties in Texas and Missouri. The Texas financing was provided for…

Commercial Real Estate Hall of Fame: Associated Bank’s Greg Warsek

As Executive Vice President and Deputy Head of Commercial Real Estate & Facilities for the Chicago office of Associated Bank, Greg Warsek has established himself…

Cleveland-based KeyBank names senior business development banker

Cleveland-based KeyBank Community Development Lending and Investment appointed Jon Burckin to senior business development banker on the equity distribution team. He is based in the…

Marcus & Millichap provides $5.06 million in financing for acquisition of Ohio medical office

Marcus & Millichap Capital Corporation arranged more than $5.06 million in financing for the acquisition of a medical office property at 9695 Basil Western Road…

Gantry names new partners in St. Louis, Kansas City

Commercial mortgage banking firm Gantry added two new partners to the firm’s Board of Directors as shareholders in the firm’s producer-owned/producer-led private corporate structure. The…

Byline Bank provides $17 million in financing for acquisition of two industrial properties in Alsip

Byline Bank’s Commercial Real Estate Group closed on $17 million in financing to TradeLane Properties for the acquisition and future capital improvement of two industrial…

5 strategies for safeguarding your Midwest business’ liability

Proactively managing liability risk is vital to every organization’s resilience and long-term success. As liability claims in the Midwest and beyond its borders become more…

The 1031 Exchange “Napkin Test”: A Simple Rule of Thumb for a Complex Tax Code

The journey to finalizing a 1031 exchange can be complex and full of twists and turns. It might involve some rough and rocky paths with…

Finance

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