Finance

Indiana’s Merchants Bank hires VP, senior business development officer

Carmel, Indiana-based Merchants Bank of Indiana recently hired Tony Boddie as vice president and senior business development officer for Small Business Administration Lending. Currently, Boddie…

Alliant Credit Union closes $39M worth of multifamily loans

Alliant Credit Union recently closed on two multifamily loans in Texas, one for the acquisition of an apartment community and the other for the refinance…

Bernard Financial closes $14 million loan for office buildings in Ohio

Bernard Financial Group has arranged a $14.3 million life company loan for two class-A multi-tenant office buildings in Dublin, Ohio. The two buildings total 209,799…

Grandbridge closes $8.9 million worth of loans in St. Cloud area

Grandbridge Real Estate Capital recently closed $3.8 million and $5.1 million first mortgage loans secured by two multifamily properties in the St. Cloud, Minnesota, MSA.…

With $41M in financing secured, Newcastle Limited breaks ground on Gold Coast development

Newcastle Limited secured $41.3 million in construction financing to support development of the firm's mixed-use project at 1210 N. State Parkway in Chicago's Gold Coast…

Brit Properties refinances several industrial assets

Union National Bank has refinanced a portfolio of industrial buildings owned by Rosemont-based real estate syndicator, Brit Properties. The assets located in the Chicago city…

Lodge Financial capitalizes purchase of Huntley self-storage facility

Lodge Financial has secured purchase financing for a 594-unit self-storage facility in Huntley, Illinois. The recently built property is currently in a lease up period…

Red Oak Financial provides $5 million loan for apartment purchase in Kansas

Red Oak Financial funded a $5.459 million fixed-rate bridge loan for the purchase of Deer Creek Apartments, a 111-unit multifamily complex in Topeka, Kansas. The…

Greystone Bel closes sale of six-property apartment portfolio in Detroit

Greystone Bel recently closed the sale of the Whitmore Apartments Portfolio, a six-property multifamily portfolio totaling 223 units in the Palmer Park district of Detroit,…

Raymond Zanca joins Black Bear Capital Partners in Chicago, arranges $16M bridge loan

Black Bear Capital Partners (BBCP), a real estate financial advisory firm and affiliate of Black Bear Asset Management (BBAM), has expanded its Chicago office with…

Finance

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