TexasFinanceMultifamily Alliant Capital closes $65M tax credit fund for affordable housing in Texas and other states critically hit by COVID-19 Alliant Capital announced the closing of Fund 103, a $65 million low income housing tax credit fund that will facilitate the creation of nearly 650…
MissouriFinance Commercial Real Estate Hall of Fame: NorthMarq’s David Garfinkel Midwest Real Estate News inducts a new class in its Midwest Commercial Real Estate Hall of Fame each year. This year, we are running the…
MinnesotaFinanceOffice JLL closes $26 million acquisition loan for 473,000-square-foot office campus in Minneapolis area JLL Capital Markets has arranged the $26.6 million acquisition loan for UnitedHealth Group’s Optum Campus, a 473,325-square-foot fully leased office campus at 13625 and 13675…
IllinoisFinanceMultifamily ASC secures $6.6 million for multifamily refi in Naperville American Street Capital (ASC) has secured a $6.6 million cash-out refinance loan for a 60-unit multifamily building in Naperville, Illinois. Built in 1986, the three-story…
MinnesotaFinanceMultifamily Greystone provides $30.8 million loan to refinance affordable housing in Minnesota Greystone provided a $30.821 million Freddie Mac Forward Tax-Exempt Loan to help finance the addition of 172 units to an existing affordable housing property in…
IllinoisFinance Bank Leumi USA names Jerry Lumpkins Chicago commercial real estate lead Bank Leumi USA has appointed Jerry Lumpkins commercial real estate lead for Chicago. In this role, Lumpkins will focus on commercial investment real estate transactions,…
MissouriFinance St. Louis’ Midwest BankCentre names new member of Women Connect advisory board Amy Nash, director of operations at Nash Properties, LLC, has been elected to the Women Connect advisory board of St. Louis-based Midwest BankCentre. Nash leads…
IndianaFinanceMultifamily Berkadia provides $16 million in financing for Indianapolis apartment development Berkadia secured $16.6 million in financing for River House, a mid-rise multifamily property in Indianapolis. Senior directors Michael Zaremski and Michael Shmuely of Berkadia’s New…
IllinoisFinanceMultifamily Lodge Financial secures financing for Des Plaines multifamily property Lodge Financial recently organized a $2 million acquisition loan for 1385 Brown Street in Des Plaines, Illinois. Matt Bowker, a founding partner and principal of…
MichiganFinanceMultifamily Bernard Financial closes $2.29 million loan for multifamily property in Michigan Bernard Financial Group closed a $2.29 million life company loan for a 58-unit multifamily property in New Baltimore, Michigan. The borrower is Erie Investments No.…