Cleveland’s Bellwether Enterprise becomes full DUS lender
Cleveland's Bellwether Enterprise Real Estate Capital LLC is now a Fannie Mae Delegated Underwriting and Services -- DUS -- lender.
Finance
St. Louis’ Midwest BankCentre hires VP of commercial lending
Kirby Morris has joined St. Louis' Midwest BankCentre as vice president of commercial lending. He is based at the bank's WingHaven branch in O'Fallon, Missouri.
Brennan Investment Group sells Chicago, Milwaukee industrial assets
Brennan Investment Group, LLC has announced the sale of 3602 North Kennicott Avenue in Arlington Heights, Illinois, and two buildings in Pleasant Prairie, Wisconsin, located…
Minneapolis’ Dougherty Mortgage closes refinance loan for 208-unit apartment complex
Minneapolis-based Dougherty Mortgage LLC recently closed a $7.7 million Fannie Mae loan for the refinance of Merritt Legacy Apartments in Leander, Texas.
RealtyMogul.com makes pair of key hires
Online real estate investing company RealtyMogul.com has made two key hires: Michael Sanchez and Charles Kim, both formerly with Colony Capital's commercial mortgage lending arm,…
Borrowers: Important considerations for debt capital decisions in 2015 and 2016
Commercial real estate and multi-family property owners manage all kinds of risks owning properties: tenants, municipality regulations, operating expenses and capital expenses. One of the…
Indiana’s Old National Bancorp elects new member of board of directors
Evansville, Indiana's Old National Bancorp has named Katherine White to its corporate board of directors.
RED Capital Partners provides $173 million to refinance nine apartment communities
RED Capital Partners and RED Mortgage Capital recently closed a $151 million Fannie Mae Credit Facility and a $21 million balance-sheet loan to refinance nine…
NorthMarq Capital provides funding of $1.425 million for 32,000-square-foot industrial property in Ohio
Susan Branscome, senior vice president of NorthMarq Capital's Cincinnati office, arranged acquisition financing of $1.425 million for POWER Engineers, a 32,270-square-foot industrial property at 11733…
Where renters seek apartments, investors see money signs
The commercial finance sector has had no issue lending to commercial real estate this year. Financing is very active today, according to finance professionals.