Auction.com launches financing division
Auction.com, LLC, has launched Auction Finance, a new division created to facilitate financing for commercial and residential real estate investors.
Finance
Grandbridge Real Estate Capital closes $5.65 million loan for 83-unit apartment community in Minnesota
Grandbridge Real Estate Capital recently closed a $5.65 million first mortgage loan secured by an 83-unit apartment complex in Hopkins, Minn.
NorthMarq Capital closes $7.4 million refinance of 198-unit multi-family property in Kansas City
Greg Duvall, senior vice president/managing director, and Brent Blake, senior vice president, with NorthMarq Capital's Kansas City-based regional office negotiated the $7.4 million refinance of…
Clayco makes another big investment in Chicago: Company’s Treehouse Adventures supports business start-ups
Real estate and design-build company Clayco made big news last year when it moved its headquarters from St. Louis to Chicago. Now the company is…
Walker & Dunlop to acquire Johnson Capital
Walker & Dunlop has agreed to acquire Johnson Capital's loan origination and servicing platform.
RED Mortgage Capital provides financing for multi-family project in Ohio
RED Mortgage Capital, LLC recently provided an FHA-insured 221(d)(4) mortgage loan for the rehabilitation of Harrisburg Station Apartments in Grove City, Ohio, for Colonial American…
NorthMarq Capital closes refinancing for two multi-family properties in Iowa
Jason Kinnison, senior vice president of NorthMarq Capital's Omaha-based regional office, recently secured the refinancing of two multi-family properties in Iowa. The transactions were for…
RED provides more that $7 million of financing for affordable apartment community in Toledo
RED Mortgage Capital and RED Capital Markets have provided a $1.7 million FHA section 221(d)(4) mortgage and $5.5 million tax-exempt bond financing for the Parqwood…
Pillar closes $11 million loan for acquisition of 240-unit apartment community in Columbus
Pillar has originated an $11.68 million Fannie Mae DUS loan for the acquisition of Citation Club Apartments, a 240-unit multi-family property at 600 Trinity March…
Axilla Capital closes $10 million loan for iconic apartment towers in Detroit
Axilla Capital has arranged a $10 million loan to refinance the Parkstone & Parkhurst Apartments in Detroit.