Finance

JLL Capital Markets arranges financing for two-building mixed-use portfolio in Fort Worth

JLL Capital Markets arranged refinancing for Supreme Golf Building and Sawyer Grocery, a two-building mixed-use portfolio collectively offering 37 residential units and 36,141 square feet of…

Gantry hires loan production director in St. Louis office

Gantry added Matthew Gavula as a loan production director with the firm’s St. Louis production office. In his new role, Matthew is responsible for developing…

Draper and Kramer closes $93.5 million refinance loan for 28-story multifamily tower in Chicago’s Fulton Market neighborhood

Draper and Kramer, Incorporated announced that a team led by Bill Barry and Bill Stewart, both senior vice presidents with the firm’s Commercial Finance Group, closed a…

Do I really need a qualified intermediary for a 1031 exchange?

One thing you can learn the hard way is that you really need a qualified intermediary when doing a 1031 exchange.

Berkadia provides financing for 52-unit multifamily property in South Haven

Berkadia closed the financing of Lighthouse Ridge Apartments, a 52-unit, garden-style multifamily property in South Haven, Michigan, that will provide housing to residents earning between…

Bernard Financial Group closes $5 million life insurance loan for Detroit multifamily property

Bernard Financial Group provided a $5 million permanent life insurance company loan for a 114-Unit Multi-Family Property in Detroit. The borrower is Orleans Owner LLC. …

JLL Capital Markets provides $76 million in financing for 291-unit multifamily development in West St. Paul

 JLL Capital Markets secured financing totaling $76.25 million for Thompson Oaks, a 291-unit multi-housing development along the Robert St corridor in West St. Paul, Minnesota. JLL…

Tishman Speyer refinances two-tower The Franklin office building in Chicago’s West Loop

Tishman Speyer refinanced The Franklin, its two-tower office complex in Chicago’s West Loop, with a $340 million CMBS loan. The Single Asset Single Borrower (SASB)…

Knighthead Funding provides $32 million refinance loan for 62-unit multifamily community in Glenview

Knighthead Funding, LLC provided a $32 million refinancing loan to The Drake Group for Cerca, a newly constructed, 62-unit Class-A multifamily community in downtown Glenview,…

Gantry provides $22.75 million loan for 190-unit apartment community near Kansas college

Gantry secured a $22.75 million permanent loan for the University Digs apartment community at 1902 S Broadway St. in Pittsburg, Kansas, directly adjacent to Pittsburg…