Finance

OhioFinance

Rate volatility triggers refi opportunities: Plenty of financial incentives to refinance ahead of maturity dates

On the heels of the long-anticipated Fed rate hike in mid-March – its first since 2018 –cost of capital is top-of-mind for real estate owners.

MidwestFinance

The near-term financing outlook? High demand, a need for speed and signs of life in even the most challenged of sectors

The commercial real estate market has displayed true resiliency throughout the COVID-19 pandemic. And that means that the commercial financing market? It’s done the same.

IllinoisMissouriFinance

Emerald Capital Strategic Advisors closes $7 million in NMTC financing for hemp fiber processor in St. Louis market

Emerald Capital Strategic Advisors recently sourced and closed $7 million in New Markets Tax Credit financing for Tiger Fiber Inc., a commercialized industrial hemp fiber…

MichiganFinanceMultifamily

Bernard Financial Group closes $9.15 loan for 133-bed student-housing property in Ann Arbor

Bernard Financial Group arranged a $9.15 million permanent life insurance company loan for a 133-bed Class-A student-housing property in Ann Arbor, Michigan. The borrower is…

MichiganFinanceMultifamily

Greystone provides $12.35 million refinance loan for 68-unit apartment property in Michigan

Greystone has provided a $12.35 million Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance an existing 68-unit multifamily property in Marquette, Michigan. The…

MinnesotaFinanceMultifamily

Colliers Mortgage closes $11.1 million refinance loan for 104-unit apartment project in Minnesota

The Minneapolis office of Colliers Mortgage recently closed an $11.1 million HUD 223(a)(7) loan for the refinancing of Cedar Villas Townhomes, an existing 104-unit mixed-income…

KentuckyFinanceMultifamily

Bellwether Enterprise closes $40 million affordable housing loan in Louisville market

Bellwether Enterprise Real Estate Capital LLC closed a $40 million direct bond purchase for the financing of Lone Oak Meadows, an upcoming affordable multifamily community at…

MinnesotaFinanceMultifamily

JLL Capital Markets closes $67 million refinance for 100-unit apartment complex in Minnesota

JLL Capital Markets has arranged a $67 million refinancing for Nolan Mains, a 100-unit, mixed-used, mid-rise apartment community in the 50th and France neighborhood of…

WisconsinFinanceSeniors Housing

Marcus & Millichap Capital Corporation provides $17.4 million in financing for Wisconsin seniors development

Marcus & Millichap Capital Corporation has closed more than $17.4 million in financing for the construction of Sycamore of River Falls, a seniors housing property…

IndianaFinanceMultifamily

Colliers Mortgage closes $14.5 million refinance loan for Northwest Indiana apartments

The Oak Brook, Illinois, office of Colliers Mortgage recently closed a $14.5 million Fannie Mae loan for the refinancing of Gary NSA I & II…