Finance

Colliers Mortgage, Colliers Securities close $10.9 million loan for multifamily portfolio in North Dakota

Karen Dubrosky and Frank Hogan of the Minneapolis office of Colliers Mortgage and Colliers Securities, respectively, closed a $10.9 million HUD loan for the acquisition…

Merchants Bank of Indiana adds pair of mortgage loan officers

Damian London and Jeffery Frieman have joined Carmel, Indiana-based Merchants Mortgage, a division of Merchants Bank of Indiana, as mortgage loan officers. London brings…

Northmarq provides $23.5 million in construction financing for Missouri multifamily development

David Garfinkel, senior vice president/managing director of Northmarq’s St. Louis-based regional office, negotiated a $23.5 million construction loan for the Terraces at Wildhorse Village, a…

Colliers Mortgage closes $1.6 million refinance for 42-unit apartment project in Sioux Falls

Karen Dubrosky of the Minneapolis office of Colliers Mortgage closed a $1.6 million Fannie Mae loan for the refinance of Kings Kourt Apartments in Sioux…

Associated Bank provides $67 million in financing for construction of Minnesota luxury multifamily development

Associated Bank has closed $67.534 million in financing for Greystar to build Summerwell Maple Grove. The community of two-story townhomes will be located at 15400…

Thorofare Capital provides $28 million in financing for 189-unit multifamily project in Louisville

Thorofare Capital, Inc. provided $28 million in financing to Weyland Ventures for the construction of NuLu Yards, a 189-unit Class-A multifamily project within a larger…

Commercial Real Estate Hall of Fame: ElmTree Funds’ James Koman

Each year, Midwest Real Estate News elects a new class to its Commercial Real Estate Hall of Fame. Here’s a look at one of our…

Berkadia closes $45 million refinance for 827-unit apartment community in Memphis

Berkadia has arranged the $45 million recapitalization of Residences at Lakeview, an 827-unit apartment community in Memphis, Tennessee. Senior Managing Director Mitch Sinberg, Managing Directors…

Northmarq provides $41 million in financing for student housing property in Minnesota

Andy Finn, senior vice president in Northmarq’s Minneapolis-based debt/equity office, arranged for $41.61 million in financing for The Grove at Mankato. The 524-unit student housing…

BEB Lending provides $6.9 million bridge loan for 365,000-square-foot industrial property in Detroit market

BEB Lending, the finance platform of BEB Capital, has provided a $6.965 million bridge loan to 1029 SFG Equities LLC for the acquisition financing of…

Finance

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