Finance

Northmarq closes $45 million residence for 161-unit multifamily property in Chicago

Kevin McCarthy, Managing Director in Northmarq’s Chicago Debt + Equity office, arranged the $45 million refinance for Chicago multifamily property Reside on Barry on behalf of Newcastle Investors, a real estate…

Gantry provides $25.5 million permanent loan for Kansas City industrial center

Gantry secured a $25.5 million permanent loan to retire maturing construction debt from the development of Riverside Logistics Centre II, a 328,000-square-foot, modern, multi-tenant logistics…

Northmarq closes sale of 202-unit apartment community in Racine

Northmarq’s Chicago Investment Sales team led by Alex Malzone, Parker Stewart, Dominic Martinez and Jake Lamb, in collaboration with its Chicago Debt + Equity team led by Brett Hood and Kevin McCarthy, arranged the sale and…

Think All Real Estate Qualifies for a 1031 Exchange? Think Again.

The 1031 exchange is one of the most powerful tools available to real estate investors, but it comes with important boundaries. A common misconception is…

JLL Capital Markets secures $25 million refinancing for apartment community in Chicago

 JLL Capital Markets secured a $25.22 million refinancing for Chateau on Wells, a 43-unit luxury boutique apartment community in downtown Chicago. JLL represented the borrower, Akara…

Chicago’s Greenstone Partners adds investment associate

Chicago's Greenstone Partners hired Alex Cohen as an Investment Associate. Cohen brings advisory experience across more than $315 million of urban Chicago investment sales and…

Associated Bank closes $7.62 million construction loan for 40-unit apartment building in Chicago

Associated Bank recently announced completion of a $7,620,000 construction loan to CEDARst Companies for a five-story, 40-unit apartment building located at 4725 N. Clifton Ave.…

Northmarq closes $22 million refinance for 49-unit apartment property in Excelsior

Northmarq’s Minneapolis Debt + Equity team led by Andy Finn arranged the $22.727 million refinancing of One West Drive, a 49-unit boutique apartment at One West Drive in…

Lightstone Capital launches Texas office, names state originations leader

Lightstone Capital hired Elias Haddad to lead debt originations for the Central Region. In this role, Haddad will oversee sourcing and execution across Southwest and Midwest…

Challenges and success stories: Plenty of good news during Chicagoland Capital Markets conference

The biggest names in Chicago's commercial real estate finance industry gathered Feb. 27 for Illinois Real Estate Journal's Chicagoland Capital Markets conference.

Finance

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