Finance

MinnesotaFinance

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…

MichiganMidwestMinnesotaNationalFinance

Signs of hope in a troubling landscape of bank failures and interest rate hikes?

What's more worrying to commercial real estate professionals? The Federal Reserve Board's latest hike of its benchmark interest rate or the failure of three large…

MichiganFinanceNet Lease

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…

OhioFinanceRetail

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…

IndianaFinanceMultifamily

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…

MichiganFinance

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…

MichiganFinanceMultifamily

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…

IndianaTexasFinance

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…

IllinoisCREFinance

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…

OhioFinanceMultifamily

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…