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…
Finance
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…
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…
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…
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.…
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…
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.
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.
Alliant Capital closes $5.9 million loan on 180-unit multi-family complex in Michigan
Alliant Capital LLC recently closed a $5.9 million refinance loan on Hidden Lakes II Apartments, a 180-unit garden-style multi-family property in Kentwood, Mich.
NorthMarq arranges $24 million refinancing for 480-unit multi-family community in Nebraska
John Reed, senior vice president and managing director of NorthMarq's Omaha regional office, arranged first-mortgage refinancing of $24 million for The Pointe and East Pointe…