Byline Bank ranked top SBA lender in Illinois for SBA 7(a) lending
Byline Bank once again earned the top spot among Illinois lenders in loan dollar volume for SBA 7(a) lending by the Illinois District Office of the…
Finance
Colliers closes $11 million refinance loan for 108-unit apartment building in Missouri
Adrian Hartman of the Colliers Mortgage St. Louis office recently closed an $11.054 million Fannie Mae loan for the refinancing of Hummingbird Heights in Union,…
Michigan’s Q10|Lutz Financial Services opening investment sale division
Birmingham, Michigan-based Q10|Lutz Financial Services, a full service commercial and multifamily mortgage banking firm, has expanded its operations to include an investment sale division, Q10|Lutz…
Bernard Financial Group provides $1.2 million in financing for medical office property in Michigan
Bernard Financial Group closed a $1.2 million permanent life insurance company loan for a 31,799-square-foot medical office property in Bloomfield Township, Michigan. The borrower is…
The tax nuances of debt modification: Smart strategies for restructuring debt
The real estate sector is presently encountering exceptional difficulties as the era of low interest rates and minimal inflation has concluded, with lingering economic uncertainty…
Columbus’ CREC Real Estate adds VP of human resources
Columbus, Ohio-based CREC Real Estate, LLC, a private equity real estate investment firm, has hired Michele Chadwell as vice president of human resources. Entering this…
Rising inflation continues as one of the biggest threats to CRE
According to the 2023 Chicago Mid-Year Sentiment Report, produced by The Real Estate Center at DePaul and the Urban Land Institute Chicago District Council, rising inflation…
PACE: The chameleon of CRE financing
One bright spot in an otherwise dreary capital markets environment has been the continued emergence and success of PACE (Property Assessed Clean Energy) financing, a…
Colliers Mortgage closes $10.8 million acquisition loan for Columbus apartment property
Zach Shope of the Colliers Mortgage Atlanta office closed a $10.8 million Fannie Mae loan for a repeat client for the acquisition financing of The…
JLL Capital Markets provides $68.96 million in equity, construction financing for Minnesota multifamily development
JLL Capital Markets has arranged joint venture equity and construction financing totaling $68.96 million for Golden Triangle Station, a mid-rise multi-housing development in the Golden…