Finance

Maverick Commercial Mortgage provides $9 million in financing for three industrial buildings in Michigan

Maverick Commercial Mortgage, Inc. has funded a first mortgage loan for $9 million with a repeat borrower based in Bethesda, Maryland. The loan, provided by…

Bernard Financial Group closes $4.8 million loan for for Southfield multifamily property

Bernard Financial Group closed a $4.8 million permanent life insurance company loan for a 129-unit multifamily property in Southfield, Michigan. The borrower is Claymoor Properties…

Maverick Commercial Mortgage provides $2.4 million in financing for office building in Indianapolis

Maverick Commercial Mortgage, Inc. has funded a first mortgage loan for $2.4 million with a repeat borrower based in Indianapolis. The loan, provided by a…

It’s coming: Loans on more than 58,000 multifamily properties set to mature in next five years

Are multifamily owners gearing up for a wave of refinances? Or are they going to sell their properties in droves? Either could happen as more…

Red Oak Capital Holdings provides $4 million bridge loan for multifamily complex in Indianapolis

Red Oak Capital Holdings, LLC has provided a $4 million bridge loan for the Bon Air Apartments, a multifamily complex in Indianapolis, Indiana. The funds…

District Capital provides $2.4 million in financing for Roseville apartment complex

Mike Lemon with District Capital recently provided a $2.4 million cash-out financing for a 22-unit apartment complex in Roseville, Michigan. The financing included five years…

Byline Bank closes on $12 million in financing for Tennessee retail building

Byline Bank’s Commercial Real Estate Group has closed on $12 million in financing for the construction of a 99,825-square-foot retail building in Maryville, Tennessee, fully…

Carmel’s Merchants Capital provides more than $6.2 billion in debt in 2023

Carmel, Indiana-based financial services provider Merchants Capital provided more than $6.2 billion in debt and $656 million in tax credit equity financing for 2023. The…

Farmington Hills’ SF Capital names VP of loan origination

SF Capital, the commercial mortgage banking subsidiary of Farmington Hills, Michigan-based Friedman Real Estate, has added Tony Talerico as vice president of loan origination. In…

CEDARst Companies provides $44 million for refinance of 260-apartment property in Chicago

CEDARst Companies has refinanced the Duncan Apartments at 1515 W. Monroe St. in Chicago with a $44 million CMBS loan from Citigroup arranged by Berkadia. …

Finance

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