Finance

Northmarq closes $26.93 million refinance for Kansas apartment complex

Dan Trebil, senior vice president/managing director of Northmarq’s Minneapolis office, secured $26.93 million in refinancing for The Overlook, a 318-unit apartment complex in Topeka, Kansas.…

Pearlmark provides $12 million of financing for mixed-use project in Minneapolis’ Warehouse District

Pearlmark closed on a $12.0 million mezzanine debt investment for Duffey 2.0, an adaptive reuse project consisting of three historic manufacturing buildings in the Warehouse…

Bernard Financial Group provides $6.9 million in financing for office building in Michigan

Bernard Financial Group closed a $6.9 million permanent life insurance company loan for Powers Court, a 106,325-square-foot Class-A office building in Livonia, Michigan. The borrower…

Northmarq closes refinancing of 400-space mobile-home park in Missouri

David Garfinkel, senior vice president/managing director of Northmarq’s St. Louis debt/equity team, arranged the refinancing of Eldorado Estates Mobile Home Park. The 400-space class B…

Four Pillars Capital Markets closes convenience store portfolio loan

Four Pillars Capital Markets, a debt services brokerage that provides debt and equity financing solutions for commercial real estate investment properties, recently closed a convenience…

Northmarq closes $3.175 million refinance of two-building industrial park in Cincinnati

Christina Grimme of Northmarq Cincinnati closed on the $3.175 million refinance of Kemper Commerce Park in Cincinnati. The 145,485-square-foot two-building, partially owner-occupied industrial-flex property is…

Newmark closes $72 million refinance loan for 917-room hotel in St. Louis

Newmark has arranged a $72 million loan to facilitate the refinance of the Marriott St. Louis Grand, a 917-key hotel featuring 77,000 square feet of…

Northmarq closes $40 million refinance of 212-unit multifamily property in Minnesota

Patrick Minea, executive vice president and executive managing director of Northmarq’s Minneapolis office, arranged the $40 million refinance of The Bowline at Mississippi Crossings, a…

Commercial Real Estate Hall of Fame: Commerce Bank’s Kristy Hess

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…

Avison Young boosts property management division with new hire

Patty Proshek has joined Avison Young as director, U.S. property management accounting. Based in Minneapolis, Proshek will lead the Real Estate Accounting Services teams providing…

Finance

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