Finance

Berkadia loans $39.1 million for apartment communities in Missouri, Illinois

Berkadia provided $39.1 million in combined HUD-insured financing for Covington Place Apartments and Cape Cod Village Apartments, market-rate, garden-style multifamily properties in Missouri and Illinois.…

Colliers Mortgage closes $11 million refi loan for seniors housing in Minnesota

The Minneapolis office of Colliers Mortgage, part of Colliers International|U.S., recently closed an $11 million HUD 223(a)(7) loan for the refinancing of Realife Cooperative of…

Merchants Capital Secures Financing to Construct 80-Unit Multifamily Development in Chicago Suburb River Grove

The Chicago office of Merchants Capital announced its first new construction/mini-perm loan through Merchants Bank of Indiana, Merchants Capital’s parent company. The multifamily property, River…

Colliers Mortgage provides acquisition financing for 74-unit apartment property in Minnesota

The Minneapolis office of Colliers Mortgage recently closed a Fannie Mae loan for the acquisition financing of Henley, a 74-unit market-rate multifamily apartment property in…

Indiana’s Merchants Capital names SVP of GSE underwriting

Carmel, Indiana-based mortgage banking company Merchants Capital has hired Denise Gomez Oluwo as Senior Vice President of Government-Sponsored Enterprise Underwriting. With more than 15 years…

JLL Capital Markets provides financing for purchase of Salesforce Tower, Circle Building in Indianapolis

JLL Capital Markets has arranged acquisition financing for the purchase of Salesforce Tower and the Circle Building, two Class-A office towers in Indianapolis, Indiana. JLL…

Fulton Market spec office project secures $30 million loan

JLL’s capital markets team has arranged $30.684 million in financing for 601-609 W. Randolph, which comprises a five-story historic office building and the development of…

ASC arranges $3.12 Million for light industrial park in Melrose Park

American Street Capital (ASC) has arranged a $3.12 million permanent loan for a light industrial park located in Melrose Park, Illinoia. Built in 1951, the…

Berkadia provides refinance dollars for multifamily property in Lenexa

Berkadia secured financing for Rosehill Pointe, a garden-style multifamily property in Lenexa, Kansas. Associate director Pat Garlich of Berkadia’s St. Louis office secured the permanent…

Wintrust hires SVP

Wintrust Multinational Commercial Banking has hired Stephen Jones as senior vice president. Jones has extensive experience in developing new clients and building existing client relationships.…

Finance

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