Finance

KeyBank Real Estate Capital closes $50 million loan for multifamily property in Cleveland

KeyBank Real Estate Capital secured a $50 million fixed-rate loan through Freddie Mac for Playhouse Square to refinance a multifamily property in Cleveland, Ohio. The…

Nothing normal about today’s market: Higher rates put brakes on multifamily finance requests

A normal market? Finance experts say that today’s multifamily market is far from one of those.

Bellwether closes more than $40 million in financing for affordable and seniors housing

Bellwether Enterprise Real Estate Capital LLC recently closed five loan deals totaling more than $40 million to refinance and preserve two affordable housing complexes in Mt.…

Northmarq secures financing for 49-unit housing development in Minnesota

Northmarq has secured both the equity and construction financing for One West Drive, a 49-unit market-rate rental housing development in the heart of Excelsior, Minnesota.…

Indiana’s Merchants Capital closed record-setting $8.95 billion in debt production last year

Carmel, Indiana-based financial services provider Merchants Capital closed a record $8.95 billion in debt production in 2022, surpassing the previous record of $7 billion set…

Your best option to finance your Seniors Housing Community today? The answer might surprise you!

A client recently asked us, “Why would I want to finance my seniors housing community today and lock a high rate for the next 35…

Bernard Financial Group provides bridge loan for Detroit-area office property

Bernard Financial Group closed an office and research-and-development acquisition bridge loan for a property in Auburn Hills, Michigan. Dennis Bernard and Joshua Bernard originated the…

Alliant Credit Union achieves record loans sales in 2022

Alliant Credit Union announced that its loan trading desk sold $470 million in commercial and consumer loan participations in 2022 in 25 transactions, up 74% from…

President of Chicago’s CIBC US Commercial RE Group taking on new leadership role

Karen Case, president of Chicago-based CIBC US Commercial Real Estate Banking, is taking on a new role as vice chair of CIBC Bank USA, supporting…

Lument closes $7.7 million loan for acquisitino of 92-unit apartment building in Detroit

Lument closed a $7.7 million Fannie Mae loan to facilitate the acquisition of Central Park Apartments, a 92-unit garden-style apartment community about a mile east…

Finance

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