Minnesota’s Bridgewater Bank adds SVP of commercial lending
St. Louis Park, Minnesota-based Bridgewater Bank has added Tom Grotbo as senior vice president of commercial lending. Grotbo joins Bridgewater with more than 15 years…
Finance
Colliers Mortgage closes $8.9 million refinance loan for apartments in Tennessee
The Nashville office of Colliers Mortgage recently closed an $8.9 million Fannie Mae loan for the refinancing of Parkview Flats Apartment Homes, a 124-unit market-rate…
Busey Bank adds two executives to regional banking and wealth management teams
Busey Bank recently bolstered its leadership team with the addition of two high-level executives to lead its regional banking and wealth management divisions. Willie Mayberry…
Staying strong in St. Louis: Midwest city ‘s multifamily financing market remains steady throughout pandemic
Industrial might rank as the star asset class during the COVID-19 pandemic, but multifamily isn’t far behind. Apartment markets throughout the Midwest have remained strong…
KeyBank adds senior banker to Omaha office
KeyBank Community Development Lending and Investment has appointed Ted Witt as a senior banker to expand community development lending and investment activity in the Midwest…
Berkadia secures financing for 184-unit multifamily property in Kansas City
Berkadia secured financing for Flashcube, a 184-unit high-rise multifamily property in Kansas City, Missouri. Managing Director John Schorgl of Berkadia Kansas City secured $35 million…
Mission Capital Debt & Equity closes $64 million in financing for development of Godfrey Hotel Detroit
Mission Capital Debt & Equity, part of Marcus & Millichap Capital Corporation, has arranged $64 million in financing for the development of The Godfrey Hotel…
Commercial Real Estate Hall of Fame: Huntington National Bank’s Tim Kalil
Each year, Midwest Real Estate News elects a new class into its Commercial Real Estate Hall of Fame. Last year was no exception. Here's a…
Illinois Energy Conservation Authority closes $7.4 million in PACE financing for Chicago’s historic Ramova Theater
The Cook County PACE Program, administered by The Illinois Energy Conservation Authority NFP (“IECA”), an Illinois tax-exempt 501(c)(3) nonprofit organization, announced today it closed a…
Associated Bank makes $8 million investment in multi-investor fund
Associated Community Development, the community development group of Associated Bank, has made an $8 million equity investment in a multi-investor fund managed by Raymond James…