Finance

TexasFinance

Commanding capital: Flagship Capital Partners funds flow in otherwise dry market

“Our phones have really been ringing off the hook,” said J.C. Clemens. The director of investments for Houston-based Flagship Capital Partners, Clemens said the past…

TennesseeFinance

Bernard Financial closes $1.25 million apartment loan in Tennessee

Bernard Financial Group has arranged a $1.25 million life company loan for a 34-unit multifamily property in Carthage, Tennessee. The borrower is Cumberland Apartments LLC.…

MichiganFinanceOffice

Creative financing and a bold vision: Foster Financial makes big play in downtown Detroit with 211 Tower purchase

Dan Gilbert, owner of Bedrock and founder of Quicken Loans, has long been the dominant investor leading the resurgence of downtown Detroit. This doesn't mean,…

IllinoisFinanceMultifamily

Why you may need to think beyond traditional deal partners for multifamily financing

In a year of immense uncertainty and volatility, the multifamily sector has remained one bright spot for commercial real estate investors. Multifamily property fundamentals have…

IllinoisFinanceIndustrial

Cushman & Wakefield secures $55.8M in financing for Investcorp, Brennan industrial portfolio acquisition

Cushman & Wakefield represented Investcorp International Realty, Inc. and Brennan Investment Group in securing $55.8 million in acquisition financing from CIBC for the Regent O’Hare…

MinnesotaFinanceSeniors Housing

Associated Bank closes $29 million loan for senior living community in Minnesota

Associated Bank closed a $29 million construction loan to United Properties for the development of a 133-unit senior living community in Bloomington, Minnesota. The project…

OhioFinanceSeniors Housing

KeyBank provides $2 million in financing for affordable seniors housing in Ohio

KeyBank Community Development Lending and Investment (CDLI) secured $2 million of financing for Columbus, Ohio-based National Church Residence, the nation’s largest not-for-profit provider of affordable…

MichiganFinanceRetail

Friedman Finance closes $585,000 loan for 18,000-square-foot grocery store in Flint

Friedman Finance’s Ryan Denomme arranged a $585,000 loan secured by an 18,000-square-foot single-tenant grocery store in Flint, Michigan. Ryan Denomme, Director of Friedman Finance, originated…

TexasFinanceMultifamily

DFW-area multifamily project, Millennium at Hometown, secures $49M refi

JLL Capital Markets arranged a $49.1 million refinancing for the Millennium at Hometown, a to-be-completed, Class-A, multi-housing project comprising 306 apartments and 11,697 square feet…

MinnesotaFinance

A trap for the unwary in the CARES Act ‘retail glitch’ fix

When the CARES Act provided a technical correction for the so-called “retail glitch” in the Tax Cuts and Jobs Act, it also created a trap…