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…
Finance
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…
JLL Capital Markets provides more than $18 million in financing for 358-unit apartment complex in Indiana
JLL Capital Markets has arranged the $18.239 million acquisition financing for Cambridge Estates, a 358-unit, garden-style affordable apartment community in Lafayette, Indiana. About 41% of the…
Commercial Real Estate Hall of Fame: Ashley Capital’s Susan Harvey
Each year, Midwest Real Estate News inducts a new class into its Commercial Real Estate Hall of Fame. Here is a look at the busy…
Detroit’s District Capital closes 10-year refinance loan for mixed-use building
Mike Lemon with Detroit's District Capital closed a 10-year, fixed-rate loan with a life insurance copany for the refinance of a mixed-use building featuring multifamily…
Merchant Bank of Indiana hires senior business development officer
Merchants Bank of Indiana hired Brian Konwar as a senior business development officer in the Small Business Administration Lending division. He will join the Merchants team…
Inflation still an issue but rising slower in Chicago, according to WalletHub
Inflation has been a hot topic in the past six months. While there’s no doubt that rates are still sky-high across the U.S., it’s rising…