St. Louis-based ElmTree Funds adds managing director
St. Louis-based ElmTree Funds, a net-lease real estate private equity firm, has welcomed executive Matt Innes to the role of managing director, head of investor…
Finance
JLL Capital Markets closes $125 million recapitalization for 1.4-million-square-foot Detroit-area industrial campus
JLL Capital Markets closed a $125 million recapitalization of Gateway Industrial Center, a 69-acre, 1.4-million-square-feet industrial campus located in the metropolitan Detroit area. JLL represented…
Bellwether Enterprise Real Estate Capital closes $6.25 million loan for acquisition of Wisconsin shopping center
Bellwether Enterprise Real Estate Capital LLC recently closed a $6.25 million loan deal to help finance the acquisition of Shoppes of Brookfield Commons, a shopping center…
Greystone provides $13.8 million refinance loan for 164-unit apartment community in Battle Creek
Greystone, a national commercial real estate finance company, has provided a $13.88 million HUD 223(f) loan to refinance a 164-unit affordable housing property in Battle…
Merchants Bank of Indiana hires assistant vice president
Carmel, Indiana-based Merchants Bank of Indiana hired John Douglas as assistant vice president in the bank’s Correspondent and Warehouse Lending divisions. Douglas will join this…
Minnesota’s UFC adds chief lending officer
Inver Grove Heights, Minnesota-based UFC, a commercial lending partnership formed last year by Minnesota’s credit unions, has added industry veteran Jim Hoopes as its chief…
Minneapolis’ Colliers Mortgage adds VP to staff
Minneapolis-based Colliers Mortgage has hired Izzat Ansari as vice president, transaction manager Located in Falls Church, Virginia, Ansari will report to John Brennan, senior vice…
District Capital provides $1.65 million loan for Michigan net-lease asset
Justin Hollis with District Capital recently closed a $1.65 million permanent loan for a property in Canton, Michigan. District Capital's lender provided a 25-year loan…
Ariel Property Advisors closes $5.14 million refinance for Ohio shopping center
Ariel Property Advisors arranged a $5.148 million non-recourse cash-out refinance for a retail shopping center in Eastlake, Ohio. The five-year, fixed-rate loan included a 25-year…