Finance

Merchants Capital provides $77 million in financing for Saint Paul apartment development

Multifamily financing provider Merchants Capital has provided more than $77 million in financing for the development of Soul, an affordable, mixed-use development in Saint Paul,…

Colliers Mortgage provides $12.9 million loan for refinance of Iowa apartment community

Fritz Waldvogel of the Minneapolis office of Colliers Mortgage closed a $12.9 million HUD loan for the refinance of District 29 Apartments and Townhomes in…

Pearlmark provides $21.2 million for development of 206-unit apartment development in Madison

Pearlmark closed on a $21.2 million mezzanine debt investment for the development of Bakers Place, a 206-unit mass-timber luxury apartment project in the heart of…

Colliers Mortgage hires head of national production

Colliers Mortgage has hired John Randall as head of national production. Randall comes to Colliers Mortgage with more than 18 years of experience in commercial…

Bernard Financial Group closes $29 million loan for multifamily project in Michigan

Bernard Financial Group arranged a $29.2 million multifamily construction loan for 200 residential units in Troy, Michigan. The loan was originated by Dennis Bernard…

Walker & Dunlop closes refinance of Ohio assisted-living community

Walker & Dunlop recently arranged the HUD 232/223(f) refinance of Monarch Skilled Nursing & Rehab, a 75-unit skilled nursing and assisted living community in Marysville,…

Lodge Financial finances purchase of 36-unit multifamily building in Chicago

Lodge Financial and Matthew Bowker have successfully financed the purchase of a 36-unit apartment building located in Fulton River District. Details: Approximately 63% LTV on…

Greystone closes $18.5 million acquisition loan for Kansas City-area apartment building

Greystone closed an $18.573 million permanent Freddie Mac loan to acquire a multifamily community with more than 200 units outside of Kansas City, Missouri. The…

Colliers Mortgage names new president

Minneapolis-based Colliers Mortgage has hired Matthew Rocco as president. Rocco comes to Colliers Mortgage with more than 24 years of experience in commercial real estate…

Grandbridge closes $14.75 million refinance loan for apartment community in Twin Cities market

Minneapolis-based Senior Vice President Tony Carlson and Analyst Will Perry with Grandbridge Real Estate Capital recently closed a $14.75 million permanent refinance loan secured by…

Finance

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