Finance

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…

Associated Bank closes $25.5 million for Timberland acquisition of Missouri apartment community

Associated Bank closed a $25.5 million loan for Timberland Partners for the acquisition of Grand Central at the Junction, a 180-unit apartment community at 6101…

ACRE closes $104 million for multifamily properties in Louisville and Indianapolis

Asia Capital Real Estate has closed loans totaling $104 million for three multifamily communities in Louisville, Kentucky; Arden, North Carolina; and Indianapolis, Indiana. Issued through…

Colliers Mortgage closes $6.6 million loan for 36-unit apartment community in Minnesota

The Minneapolis office of Colliers Mortgage recently closed a $6.6 million Fannie Mae loan for the acquisition financing of Mahtomedi Flats, a 36-unit market rate…

CBRE closes $4.8 million in financing for Omaha-area apartment complex

CBRE has arranged $4.875 million in long-term financing for Orleans Square Apartments, an 83-unit multifamily complex in the Ralston Suburb of Omaha, Nebraska. Josh Larsen,…

Maximizing returns: What you need to know about 1031 exchanges and NNN properties

One of the only constant things about commercial real estate is how much it changes. Trends cause shifts in demand, technology brings in new methodology…

Renovo Financial announces internal promotion at Chicago office

Renovo Financial, one of the country’s largest residential real estate investment lenders, announced today it has promoted Brandon Moulton from Senior Vice President of Lending…

Greystone provides more than $34 million in loans to refinance nursing facilities in Wisconsin

Greystone has provided $34.946 million in HUD-insured loans to refinance a portfolio of five skilled nursing facilities across southeastern Wisconsin comprising 558 beds. The loans…

Banking on CRE: Texas lenders break down what they look for in deals

Robert LaRue knew it was a blink-and-you’ll-miss-it kind of a deal. His client, who happened to be another mortgage banker, was refinancing a 230-unit apartment…

Finance

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