Finance

Grandbridge provides first mortgage loan for 420,000-square-foot office park in Minnesota

Grandbridge Real Estate Capital recently closed a first mortgage loan secured by a six-building, 420,000-square-foot office park in Mendota Heights, Minnesota. Minneapolis-based Tony Carlson originated…

Another financial hit? Small business owners face tax pain thanks to IRS ruling on PPP loans

Small business owners already struggling because of the COVID-19 pandemic and state-ordered shutdowns or capacity restrictions now face another hurdle to surviving 2020: an unexpected…

Colliers Mortgage closes $14.6 million HUD loan for Beckley Townhomes in Dallas

The Minneapolis office of Colliers Mortgage, part of Colliers International, recently closed a $14.6 million loan for the refinancing of Beckley Townhomes, a 100-unit affordable…

$22.5M non-performing multi-housing loan sale hits the market in Houston

JLL’s capital markets team has been engaged to market the sale of a $22.5 million non-performing multi-housing loan secured by the first mortgage on a…

Maverick Commercial Mortgage closes $4.5M financing for North Texas manufactured housing communities

Maverick Commercial Mortgage closed on the first mortgage for Hillcrest and Chiesa Manufactured Housing Communities. Hillcrest MHC is located at 2500 Forth Worth Drive in…

NorthMarq finalizes $8 million refinance of Crownridge Centre in San Antonio

Bryan Leonard, senior vice president/managing director of NorthMarq’s San Antonio office arranged the $8 million refinance of Crownridge Centre. The 41,590-square-foot office property, located at…

Capital markets: Hardened for much of 2020, ready for a big 2021

As the events of 2020 continue to unfold, both lenders’ and investors’ views on CRE continue to evolve. For the remainder of 2020 and into…

Lument provides $21.5M in Freddie Mac financing for affordable housing in El Paso

Lument provided a $21.5 million Freddie Mac unfunded forward commitment loan to facilitate the substantial renovation of Jackie Robinson Memorial Apartments, an affordable multifamily property…

Merchants Capital provides $21 million loan for Minneapolis apartment complex

Mortgage banking company Merchants Capital has provided more than $21.5 million in financing for a Minneapolis apartment complex currently under construction, The Bessemer at Seward…

Grandbridge closes $9.1 million loan for apartment project in Minnesota

Grandbridge Real Estate Capital recently closed on the permanent refinance of a $9.166 million first mortgage loan secured by a 125-unit apartment project in Plymouth,…

Finance

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