Finance

Northmarq closes $3 million in financing for retail center in Kansas City

Bob Harrington, vice president in Northmarq’s Miami Lakes debt/equity office, arranged financing of $3 million for the Shops at Shoal Creek, a 14,238-square-foot unanchored strip…

Colliers Mortgage closes $25.2 million refinance loan for seniors housing property in Minnesota

The Minneapolis office of Colliers Mortgage recently closed a $25.2 million HUD 223(f) loan for a repeat client for the refinancing of The Winslow, a…

Bernard Financial closes $9.35 million loan for apartment development in Michigan

Bernard Financial Group closed a $9.35 million permanent life insurance company loan for a 144-unit luxury garden-style apartment development in Livonia, Michigan. The borrower is…

Four Minnesota credit unions combine to launch commercial lender

Four Minnesota-based credit unions have launched a new Credit Union Service Organization that opens the door for credit unions to collaborate on lending opportunities for…

Flaherty & Collins closes $46.8 million refinance of apartment development in Kansas City

Flaherty & Collins Properties has closed on a $46.8 million HUD 223(f) refinance of The Yards, a mixed-use, luxury residential apartment development in the Stockyards…

BEB Lending provides $2.85 million bridge loan for Ohio industrial property

BEB Lending, the finance platform of BEB Capital, has provided a $2.85 million bridge loan to a private borrower for the acquisition financing of an…

Hartman Income REIT hires regional sales director

Hartman Income REIT Management, Inc., a Texas-based commercial real estate sponsor, has hired Brian Baker as the regional sales director for the U.S. central region.…

Northmarq provides $28.8 million in acquisition financing for Minnesota business park

Bill Mork, vice president of Northmarq’s Minneapolis office, secured acquisition financing of $28,82 million for the Centre Pointe Business Park in Mendota Heights, Minnesota. The…

Bernard Financial Group closes $6.5 million loan for office building in Michigan

Bernard Financial Group arranged a $6.5 million permanent life insurance company loan for a 23,500-square-foot class-A+ office building in Birmingham, Michigan. The borrower is Chester…

Northmarq closes refinance of 406-unit apartment property in Wisconsin

Mark Ebersold, vice president in Northmarq’s Charlotte, North Carolina-based debt/equity office, negotiated the $28.15 million refinance of Village Green Apartments. The 406-unit multifamily property is…

Finance

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