Finance

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.…

Four Pillars Capital Markets announces new director for Dallas office

Four Pillars Capital Markets, a debt services brokerage that provides debt and equity financing solutions for commercial real estate investment properties, has announced the hire…

Inland Bank and Trust closes over $8 million in community association loans in Chicago area

Inland Bank and Trust (“Inland Bank”) is pleased to announce the closing of three community association loans in suburban Tinley Park, Wheeling and Chicago’s premier Gold Coast…

PGIM Real Estate provides $250 million in financing for five-state, five-property logistics portfolio

PGIM Real Estate has provided $250 million in fixed-rate debt to GLP Capital Partners LP for the financing of a five-state, five-property core logistics portfolio…

The best way to describe commercial financing in 2021? Resilient

Resilient. That's how Joseph Platt, senior vice president with the Kansas City, Missouri, office of Grandbridge Real Estate Capital, would describe the commercial financing business…

NorthMarq closes $8.2 million refinance of 130-unit apartment complex in Kentucky

Noah Juran, senior vice president/managing director of NorthMarq’s Cincinnati office, arranged the $8.2 million refinance of Norse Landing. The 130-unit class B- apartment complex is…

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,…

Finance

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