Finance
Indiana’s Merchants Bank adds treasury management sales officer
Merchants Bank has hired Derek Elston as Treasury Management Sales Officer. He is based out of the bank's Carmel, Indiana, location. Prior to joining Merchants…
Merchants Capital closes $17.4 million in equity for affordable seniors property in Fort Wayne
Carmel, Indiana-based financial services provider Merchants Capital has secured $17.4 million in Low-Income Housing Tax Credit equity financing for the new construction of Reserve on…
Bernard Financial Group closes $35 million loan for mixed-use portfolio in Ann Arbor
Bernard Financial Group closed a $35.75 million CMBS loan for a 428,667-square-foot mixed-use portfolio in Ann Arbor, Michigan. The borrowing entity is Blackbird Ann Arbor…
District Capital provides $4 million of acquisition financing for Michigan mixed-use property
Mike Lemon with District Capital recently financed a $4 million mixed-use property acquisition in Clarkston, Michigan. The loan consists of a 10-year fixed rate locked…
Lument closes four refinances in Ohio, Indiana and Tennessee
Lument has closed four refinance loan transactions totaling $11.5 million for United Church Homes, a non-profit organization that has developed more than 2,700 residential units…
Expert perspectives: Investment outlook 2024
2023 stood out as a significant year for the sector, and while things are constantly changing, enthusiasm for what's in store remains undiminished. Recently, we turned…
The fourth-quarter push: Close what you can, pave the way for 2024
The march to year end is underway. Regardless of a company’s role in commercial real estate, the focus now is pushing to meet year-end goals…
Colliers Mortgage closes refinance loans of $30 million for Indianapolis, Nashville-area properties
Colliers Mortgage has procured two loans totaling $30 million for the refinance of an 85-unit build-to-rent townhome community in metro Nashville, and a 318,000-square-foot industrial…
Colliers Mortgage closes $26.6 million refinance loan for Minnesota apartment development
The Colliers Mortgage Minneapolis team of Tony Carlson and Ben Fazendin have closed a $26.6 million Fannie Mae loan for the refinancing of Montreal Courts…