Finance

Michigan’s Red Oak Financial adds finance veteran to staff

Red Oak Financial, a Michigan-based commercial real estate finance company, added David Christensen to the firm’s growing team. Christensen, who brings more than 35 years…

Memorial Park Place office property in Houston refinanced

JLL’s capital markets team has arranged refinancing for Memorial Park Place, an 80,349-square-foot office property in Houston. Working on behalf of Gupta Partners, JLL placed…

Wintrust Multinational Commercial Banking hires Stephen Jones as senior vice president

Wintrust Multinational Commercial Banking announced the hire of Stephen Jones as senior vice president. “In this role, I’ll help foreign companies in the Midwest region…

Colliers Mortgage closes $38.5 million loan for multifamily property in Eagan

The Minneapolis office of Colliers Mortgage, part of Colliers International|U.S., recently closed a $38.5 million HUD 221(d)(4) loan for the land acquisition and new construction…

Financing arranged for pair of DFW apartment communities

JLL’s capital markets team has arranged financing for Hidden Lakes and The Ranch at Fossil Creek, apartment communities totaling 586 units in the Fort Worth-area…

NorthMarq closes $24 million refinance of multifamily property in Nebraska

John Reed, managing director of NorthMarq’s Omaha office, secured the $24 million refinance of Flats at Shadow Creek in Lincoln, Nebraska. The 219-unit multifamily property…

East West Bank lends $40M for two Houston office buildings

JLL’s capital markets team has arranged refinancing totaling $40 million for 5300 Memorial and 10497 Town & Country, office buildings totaling 302,980 square feet in…

Minnesota Housing closes $3.3 million refinance of Minneapolis apartment development

Minnesota Housing recently closed a $3.3 million refinance of Greenleaf Apartments on Lyndale Avenue in South Minneapolis. Greenleaf has 63 affordable units, as well as…

Newmark closes $79 million in FHA financing for multifamily properties in Knoxville area

Newmark has completed $79 million in FHA financing for multiple multifamily assets in the Knoxville, Tennessee, MSA–including Kingston Pike Village–in the fourth quarter of 2020.…

Alliant Credit Union closes $39M multifamily loan in suburban Chicago

Alliant Credit Union has closed a $39 million loan for the refinancing of a 300+ unit multifamily property located in Naperville, Illinois. Offering many lifestyle…

Finance

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