Finance

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…

Associated Bank wraps financing for 1.026-million-square-foot industrial facility in Michigan

Associated Bank completed the financing for InSite Real Estate LLC for the land acquisition and construction of an industrial facility on a 263-acre site in…

Colliers Mortgage closes Fannie Mae loan for Centerville Crossing Apartments in Garland, Texas

The Minneapolis office of Colliers Mortgage, part of Colliers International, recently closed a Fannie Mae loan for the acquisition financing of Centerville Crossing Apartments located…

Congress has passed another COVID relief bill. What does it mean for the PPP?

Congress has passed the Consolidated Appropriations Act of 2021, designed to help those struggling financially because of the COVID-19 pandemic. The bill contains numerous provisions,…

Green Street St. Louis grows team with consulting and investment practice

In support of its $1 billion pipeline and others, construction development and real estate firm Green Street St. Louis has formed Emerald Capital with Luke…

Alpha Capital CRE secures $8 million bridge loan for Frontline Real Estate Partners in retail deal

Chicago-based Alpha Capital CRE has secured an $8 million bridge loan for Frontline Real Estate Partners for the Meadowbrook Shopping Center in Downers Grove, Illinois.…

Money360 names managing director for Midwest region

Sean Giblin has been named as a managing director for the Midwest for Money360, a commercial real estate direct lender. Giblin will be based in…

Mag Mile Capital completes $7 million loan for Chicago-area self-storage facility

Mag Mile Capital has completed a $7 million, non-recourse loan for an 87,000-square-foot, 997-unit self-storage facility in Cicero, Illinois. Located at 1331 S. 55th Court,…

Berkadia provides $64 million in financing for multifamily properties in Grand Rapids

Berkadia financed two garden-style multifamily properties totaling 990 units in Grand Rapids, Michigan. Managing director Andy Ahlers of Berkadia’s San Francisco office secured both refinance…

Finance

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