PNC Bank extends lease in downtown Milwaukee
PNC Bank announced a long-term extension of its lease at 411 E. Wisconsin in Milwaukee, reaffirming its commitment to downtown, its workforce and the region’s…
Finance
Inside the Underwriting Process: What Affordable Housing Lenders Look for That Developers Don’t Always See
If you've ever submitted a financing package for an affordable housing project and wondered what happens next, you're not alone.
CBRE provides $380 million loan for refinance of multifamily portfolio in Texas, Colorado and Virginia
CBRE announced today that it has secured a $380.2 million loan for the refinancing for a five-property, Class A national multifamily portfolio on behalf of…
Commercial Real Estate Hall of Fame: Northmarq’s Andy Finn
Andy Finn, managing director and senior vice president of Debt + Equity in Northmarq’s Minneapolis office, brings a unique perspective when guiding clients through complex…
Gantry provides $32.5 million loan for multifamily community in Kansas City
Gantry secured a $32.5 million permanent loan as construction takeout financing for the Edison at Tiffany Springs, a class-A multifamily community delivered in 2022 and…
Northmarq provides $14.3 million in acquisition financing for 148-unit multifamily community in Leavenworth
Northmarq’s Minneapolis Debt + Equity team, led by Daniel Trebil and Logan McCarthy, arranged $14.3 million in acquisition financing for Station Lofts, a 148-unit mid-rise multifamily community located at 1100…
CBRE provides financing for 181-unit multifamily community in San Antonio market
CBRE arranged financing for Citadel Urban, a 181-unit multifamily community in the Westover Hills submarket of San Antonio, Texas. CBRE’s John Fenoglio and Brock Hudson…
KeyBank provides $56 million of financing for seniors housing in Ohio
KeyBank Community Development Lending and Investment (CDLI) provided a $16.5MM taxable construction loan, a $9.4MM federal LIHTC equity investment, and a $8.2MM state LIHTC investment…
Berkadia closes $124 million refinance loan for mixed-use center in Irving
Berkadia arranged a $124.65 million loan on behalf of affiliates of Harbor Group International (HGI) for the refinancing of Alesio Urban Center, a mixed-use community…
Ann Arbor’s Old National Bank names community banking executive
Ann Arbor, Michigan-based Old National Bank named Heather Brown community banking executive for Michigan and Northern Indiana. Brown will oversee banking center operations across Michigan…