VIDEO: Which is worse? Inflation, or the fact that Americans are getting used to it?
Last fall, Americans were obsessed with inflation. But now? Their attention is elsewhere, according to the Wall Street Journal.
Finance
Bernard Financial Group originates $29.9 million loan for Detroit multifamily property
Bernard Financial Group closed a multifamily construction loan of more than $29.9 million for 161 residential units in Detroit. Dennis Bernard and Joshua Bernard originated…
Greystone provides $40million in financing for multifamily properties in Indianapolis
Greystone provided a total of $40.124 million in Fannie Mae Delegated Underwriting & Servicing loans for two multifamily properties totaling 408 units in Indianapolis. The…
Bernard Financial Group closes $4 million loan for Traverse City multifamily property
Bernard Financial Group arranged a $4 million permanent life insurance company loan for a 122-unit multifamily property in Traverse City, Michigan. The borrower is Tradewinds…
JLL Capital Markets closes $78 million in financing for 19-property healthcare portfolio
JLL Capital Markets announces today that it has arranged $78 million through multiple financings for a 19-property healthcare portfolio totaling 319,424 square feet in nine states. JLL…
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…
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…