Minneapolis’ ESG Architecture & Design names new CFO
Natalie Wobbema was named chief financial officer with Minneapolis' ESG Architecture & Design. ESG principal Steven Larson held the position for 30 years and will…
Finance
Merchants Capital provides $71 million in financing for mixed-use development in Missouri
Financial services company Merchants Capital has secured $71 million in financing for the Wildhorse Development, a market-rate, mixed-use luxury apartment and service retail complex in…
Dividend Finance hires VP of business development to cover Midwest region
Dividend Finance, a national provider of renewable energy and energy efficiency financing solutions for property owners, has hired Ed Wlodarczyk as vice president of business…
NorthMarq provides $31 million construction loan for 180-unit apartment community in Minnesota
The Minneapolis office of NorthMarq secured a $31.219 million construction loan for BRYK Apartments. The 180-unit multifamily property will be located at 401 Broadway Ave.…
SVP with Indiana’s Merchants Capital appointed to Affordable Housing Tax Credit Coalition
Julie Sharp, senior vice president of tax credit equity with Carmel, Indiana-based Merchants Capital, has been appointed to the Affordable Housing Tax Credit Coalition Board…
District Capital closes $41.9 million apartment loan in Michigan
District Capital recently closed a $41.9 million multifamily Fannie Mae loan for an apartment portfolio in Michigan. The loan features a 15-year full term, 15-year…
NorthMarq closes $19 million construction loan for 148-unit apartment project in St. Paul
Michael Padilla, vice president in NorthMarq’s Minneapolis office, arraigned a $19 million construction loan for 1554 Midway Parkway in St. Paul, Minnesota. The 148-unit, adaptive…
Greystone provides $50 million loan for skilled-nursing portfolio in Ohio
Greystone has provided a $50.1 million bridge loan for the acquisition of a six-property skilled-nursing portfolio in Ohio. The transaction was originated by Fred Levine…
Real estate crowdfunding hits record highs during the pandemic
Income-producing real estate has historically been well capitalized by most measures — the asset class has long demonstrated its ability, generally speaking, to deliver consistent…
Midwest Commercial Real Estate Hall of Fame: Bank Leumi USA’s Jerry Lumpkins
Each year, Midwest Real Estate News runs its annual Commercial Real Estate Hall of Fame issue, highlighting the most successful men and women in CRE.…