Finance

Northmarq closes $6.75 million in refinancings for Cincinnati multifamily properties

Noah Juran, managing director of Northmarq's Cincinnati office, closed a combined $6.75 million in refinancings for two deals with a repeat client. The financing was…

Bernard Financial provides $6.6 million in financing for multifamily property in Michigan

Bernard Financial Group closed a $6.6 million permanent life insurance company loan for a 227-unit multifamily property in Brownstown Township, Michigan. The borrower is Marianne…

Northmarq closes $11.5 million sale of multifamily property in Kansas

Jeff Lamott and Gabe Tovar of Northmarq’s Kansas City investment sales team completed the $11.5 million sale of 901 Lofts in Lawrence, Kansas. The seven-story,…

Colliers Mortgage provides $5.2 million in acquisition financing for Tennessee apartment development

Zach Shope of the Atlanta office of Colliers Mortgage closed a $5.2 million Fannie Mae loan for a repeat client for the acquisition financing of…

“We will find ways to close deals”: Bellwether pros steeling for the impact of rising rates

Investors' desire for commercial real estate has soared throughout the pandemic. But rising interest rates? That could slow commercial deals.

Northmarq provides $19.9 million in financing for 121-unit apartment building in Minneapolis

Dan Trebil, senior vice president and managing director, and Bill Mork, vice president, of Northmarq’s Minneapolis office, arranged $19.992 million in acquisition financing for the…

Associated Bank closes $15.6 million in financing for affordable housing in Milwaukee

Associated Bank closed a $6 million construction loan and $9.6 million in Low-Income Housing Tax Credit equity for the Housing Authority of the City of…

It’s inevitable: Expect a slowdown in commercial deals after latest interest-rate hike

In its efforts to curb rising inflation, the Federal Reserve on Sept. 21 raised its benchmark interest rate by three-quarters of a percentage point. The…

United Financials Capital closes on 17-story office building in Twin Cities market

United Financials Capital, LLC closed on the 8400 Normandale Lake office building in Bloomington, Minnesota, located near the busy intersection of I-494 and Highway 100.…

Grandbridge closes $3.3 million refinance loan for retail center in Omaha

Minneapolis-based Senior Vice President Brett Olson and Vice President Jeff Witt with Grandbridge recently closed a $3.315 million permanent refinance loan secured by a 100%…

Finance

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