Finance

ACRE closes $54 million loan to support Abberly Foundry apartment community in Nashville

ACRE, a global real estate private equity firm, has finalized a $54.5 million loan with HHHunt Corporation to support the newly built multifamily community Abberly…

Greystone closes $22.6 million refinance for multifamily property in Michigan

Greystone has provided a $22.6 million HUD-insured 223(f) loan to refinance a 96-unit multifamily property in Shelby Township, Michigan. The financing was originated by Lisa…

Northmarq closes nearly $34 million construction loan for pair of business parks in Minnesota

Bill Mork, vice president of Northmarq’s Minneapolis office, arranged the $33.88 million construction loan for the development of two business parks in Brooklyn Park, Minnesota,…

Columbus’ Frost Brown Todd adds financial services attorney to roster

Financial services attorney Alyson Hurley joined Frost Brown Todd’s Columbus, Ohio, office as a member. Hurley assists businesses with commercial real estate and asset-based commercial…

The financing conundrum: Haste makes waste, or Carpe diem?

Given current capital markets, many commercial real estate owners are debating whether to start the financing process for their properties now or wait until the…

Minneapolis’ SPIRE Credit Union named best in the state

The Minneapolis Star Tribune announced that SPIRE Credit Union has been voted Minnesota's Best in the credit union, customer service, mortgage and wealth management categories.…

Financing pros: Interest-rate hike means a slowdown in commercial deals is inevitable

In its efforts to curb rising inflation, the Federal Reserve on Sept. 21 raised its benchmark interest rate by three-quarters of a percentage point. The…

Bernard Financial closes $16 million loan for Michigan multifamily property

Bernard Financial Group arranged a $16.835 million Freddie Mac loan for a 206-unit multifamily property in Clinton Township, Michigan. The borrower is Oxford Square Limited…

Northmarq closes $5.8 million refinancing of 36-unit apartment community in North Dakota

Bill Mork, vice president in Northmarq’s Minneapolis debt/equity office, secured the $5.8 million refinancing of The Lights – South. The 36-unit/six-floor class-A multifamily property is…

Northmarq closes $6.75 million in refinancings for Cincinnati multifamily properties

Noah Juran, managing director of Northmarq's Cincinnati office, closed a combined $6.75 million in refinancings for two deals with a repeat client. The financing was…

Finance

Subscribe