Finance

Bellwether closes $10.8 million acquisition loan for 144-unit apartment property in Minnesota

Bellwether Enterprise Real Estate Capital LLC closed a $10.8 million Fannie Mae loan for the acquisition of Four Seasons Apartments in Faribault, Minnesota. The 144-unit property…

Mesirow completes round of fundraising

Mesirow announced a successful capital raise for the Mesirow Financial Real Estate Value Fund IV (the “Fund”), the latest in the firm’s series of risk-balanced,…

Bernard Financial closes $1.3 million loan for industrial building in Michigan

Bernard Financial Group has arranged a $1.3 million life company loan for a 27,685-square-foot industrial building in Lake Orion, Michigan. The borrower is Northpointe 56,…

Maverick Commercial Mortgage originates $6.15M loan on Fort Worth mobile home park

Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of a first mortgage loan for Leisure Living Manufactured Housing Community located in…

Industry veterans join CA Ventures to form capital advisory practice

CA Ventures (“CA”), the vertically integrated real estate investment management company, has announced the formation of CA Capital Advisory — a division dedicated to driving…

Newmark secures $565 million loan for 26-property, nine-state parking facility portfolio

Newmark, on behalf of InterPark Holdings, has placed a $565 million, five-year loan secured by a portfolio of 26 cross-collateralized parking facilities in nine U.S.…

Commercial real estate lenders aren’t just competing over low rates and terms

We’ve all heard the news about mortgage lending over the last year or so about record low rates and favorable terms. It’s almost like it’s…

NorthMarq provides $8 million of financing for 174-unit apartment property in Omaha

Bill Mork, vice president, and Patrick Minea, executive managing director, in NorthMarq’s Minneapolis office arranged the $8 million financing of the Maple Ridge Apartments. The…

Bernard Financial closes $8.41 million loan for retail center in Tennessee

Bernard Financial Group has arranged an $8.41 million CMBS loan for a 79,316-square-foot anchored retail center in Fairview, Tennessee. The borrowing entity is PBLX Fairview…

NorthMarq leads $11 million refinancing of mixed-use development in Austin

John Morran, senior vice president/managing director and Gerald Logan, vice president of NorthMarq’s Austin office, arranged the $11 million refinance of The Collective. The 83,000-square-foot…

Finance

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