Finance

Pillar closes $8 million worth of loans for Michigan apartment communities

Pillar recently originated loans totaling $8.072 million for two multi-family properties in Michigan. David Wilkins, vice president of Pillar in the Bloomfield Hills, Mich., office,…

St. Paul’s Oak Grove Capital ends year on busy note

St. Paul, Minn.-based lender Oak Grove Capital closed 12 loans for $112.6 million in the Midwest from Nov. 19 through Dec. 31 of last year.

NorthMarq Capital’s Kansas City office closes refinancing for 324-unit apartment complex

Greg Duvall, senior vice president/managing director of NorthMarq Capital's Kansas City regional office, recently arranged refinancing for Discovery at Kingwood Apartments

Michigan’s Bloomfield Capital names new vice president

Jake Olsman has been named vice president at Birmingham, Mich.-based real estate finance firm Bloomfield Capital.

Grandbridge Real Estate Capital provides $3.7 million loan for multi-family property in Minnesota

Grandbridge Real Estate Capital recently closed a $3.7 million first mortgage loan secured by an 85-unit multi-family property in Osseo, Minn.

Bellwether Enterprise Real Estate Capital hires new VP at Louisville office

Gregory Solomos has been hired as senior vice president at the Louisville office of Bellwether Enterprise Real Estate Capital.

Minnesota’s Excelsior Group hires new VP

Grant Campbell has joined Excelsior Group in Eden Prairie, Minn., as vice president. He is now responsible for sourcing, underwriting, closing and managing commercial real…

Walker & Dunlop, Wells Fargo and Berkadia ranked as top Fannie Mae DUS lenders in 2014

Fannie Mae's multi-family financing business boomed in 2014, with the company reporting that it provided $28.9 billion in financing to this market during the year.

Originator joins Columbus office of CBRE

Mark Tran has joined the Capital Markets' Debt & Structured Finance department at the Columbus, Ohio, office of CBRE. He will originate senior housing, healthcare…

Minneapolis’ CBRE closes $28 million refinance loan for 202-room hotel

Minneapolis-based CBRE Capital Markets' Debt & Structured Finance team recently closed $28 million in financing for the recapitalization of a 202-room Courtyard by Marriott hotel…

Finance

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