Finance

District Capital closes $10.8 million loan for office building in Troy

Mike Lemon with District Capital closed a $10.8 million loan on a 115,000-square-foot vacant office building in Troy, Michigan. District Capital closed this loan with…

Bernard Financial Group provides $2.5 million loan for Belleville multifamily property

Bernard Financial Group arranged a $2.5 million permanent life insurance company loan for a 120-unit multifamily property in Belleville, Michigan. The borrower is Belleville Pointe…

Draper and Kramer closes $64 million loan for development of 12-story multifamily building in Chicago’s West Loop

Draper and Kramer, Incorporated, a national full-service real estate firm, announces a team led by Matt Wurtzebach, senior vice president with the firm’s Commercial Finance Group (CFG), has…

Cambridge Realty Capital provides $6.14 million to refinance memory care center in Keller

Cambridge Realty Capital provided $6,145,000 to refinance Avalon Memory Care Keller in Keller, Texas. Brent Holman-Gomez, Cambridge Senior Vice President, reported that the fully amortized, 35-year…

Aprio names real estate industry leader

Aprio, ranked among the top 20 business advisory and accounting firms in the U.S., has named James Lockhart, CPA, JD, LLM as its Real Estate…

JLL Capital Markets secures acquisition financing for 389-unit apartment community in Dallas

 JLL Capital Markets secured acquisition financing for Ardan West Village, a 389-unit Class-A apartment community in Dallas' West Village district. JLL worked on behalf of the…

Mesa West Capital provides $47 million in refinance funds for 274-unit multifamily community in Austin

Mesa West Capital provided a joint venture led by United Properties with $47 million in short-term, first-mortgage debt to refinance Bishop Momo, a recently completed…

Financial services veteran launches Ridge Trail Capital with offices in Grand Rapids, Fort Myers

Matt Uhl, a financial services professional with more than 25 years of experience in banking, finance and mergers and acquisitions, launched Ridge Trail Capital. Uhl…

What is a 731 transaction?

In real estate and partnership investing, a common question comes up: Can I take cash out without triggering tax?

JLL Capital Markets closes sale of 153,671-square-foot office building in Houston

 JLL Capital Markets closed the sale and arranged the financing for 5300 Memorial Drive, a 153,671-square-foot boutique office building in Houston, Texas. JLL represented the seller,…

Finance

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