Finance

Looking toward a big 2022: No slowdown expected in commercial financing requests

Like everyone working in commercial real estate during the last 19-plus months, the financial pros in the commercial lending industry have faced plenty of challenges…

Wingspan Development Group closes $11.7 million capital raise

Wingspan Development Group has successfully closed its WDG GP Fund to further expand its multifamily development business. The WDG GP Fund anticipates a 15 percent…

NorthMarq closes $32 million refinance of 221-unit Minneapolis apartment development

Michael Padilla, vice president in NorthMarq’s Minneapolis office, arranged the $32.234 million refinance of Stone Arch Apartments. The 221-unit LIHTC/affordable housing property, built in 2002,…

JLL Capital Markets provides more than $56 million in financing for 253-unit multifamily development in Ann Arbor

JLL Capital Markets has arranged $17.8 million in joint venture equity and $39.9 million in construction financing for Avant, a new 253-unit multi-housing development in…

Wingspan Development Group closes $11.7 million to continue multifamily growth in Wisconsin, Florida

Wingspan Development Group has closed its WDG GP Fund to further expand its multifamily development business. The WDG GP Fund anticipates a 15 percent to…

Inland Bank and Trust closes $4.31 million loan for industrial buildings in Milwaukee

Inland Bank and Trust closed a $4.31 million acquisition loan to purchase two adjacent industrial properties on the northwest side of Milwaukee. Joe Rubinas, vice…

Greystone provides $18.8 million in finacning for 136-unit seniors housing community in Michigan

Greystone placed $18.8 million in financing for a 136-unit independent living community in Warren, Michigan. The transaction was handled by Greystone’s Seniors Housing Capital Markets…

Walker & Dunlop adds to affordable housing finance team

Walker & Dunlop, Inc. has grown its affordable housing finance team with the addition of P.J. McDevitt as managing director. McDevitt is focused on the affordable…

KeyBank Real Estate Capital provides $40.2 million in financing for three multifamily properties

KeyBank Real Estate Capital secured $40.2 million of fixed-rate Fannie Mae financing for The Benchmark Group, a real estate developer, acquirer and manager based in…

Merchants Capital provides $35 million construction loan for multifamily community in Kansas

Financial services company Merchants Capital has secured a $35 million construction loan for Union at the Loop, an affordable, multifamily housing community coming to Lawrence,…

Finance

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