Finance

Bernard Financial Group closes $5.3 million loan for Toledo apartment property

Bernard Financial Group has arranged a $5.304 million Fannie Mae loan for a 240-unit multifamily property in Toledo, Ohio. The borrower is Cambridge Briarcliff Owner,…

Merchants Capital provides financing for 134-unit seniors housing project in Chicago suburb

The Chicago office of mortgage banking company Merchants Capital recently secured funding for the development of Montclare Senior Residences of Calumet Heights, located in the…

Black Bear Capital Partners expands Chicago office

Black Bear Capital Partners has expanded its Chicago office with the addition of veteran real estate finance advisor Suraj Desai, who joins as a senior…

Cook County launches energy efficient improvement program for commercial property owners

The Illinois Energy Conservation Authority NFP (IECA) has been selected by Cook County as the program administrator for the Cook County Commercial Property Assessed Clean…

Indiana’s Merchants Capital closes more than $4 billion in financing last year

Carmel, Indiana-based mortgage banking company Merchants Capital provided about $4.7 billion in financing in 2020, nearly half of which was dedicated to supporting affordable housing…

Debt expert joins JLL’s Chicago Capital Markets group

JLL Capital Markets announced that Philip Galligan has joined the firm as a director in its Chicago office. Galligan will focus on debt and equity…

Brett Hood, Kevin McCarthy promoted in NorthMarq’s Chicago office

NorthMarq’s Chicago office announced the promotion of Brett Hood to managing director, and Kevin McCarthy to senior vice president. “Having Brett co-manage our Chicago office…

Super-regional distribution facility acquisition financed

JLL’s capital markets team arranged in acquisition financing for a 2-million-square-foot, super-regional distribution facility fully occupied by Michelin North America along Chicago’s I-55 Industrial corridor.…

Bellwether Enterprise closes $7.4M loan for manufactured housing in Texas

Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment, Inc., announced the closing of a $7,450,000, cash-out…

IECA closes 2020 with the largest C-PACE deal in Kane County

The Illinois Energy Conservation Authority, NFP, an Illinois tax-exempt 501(c)(3) nonprofit organization, (IECA) announced the closing of their largest commercial Property Assessed Clean Energy (C-PACE)…

Finance

Subscribe