Finance

NorthMarq provides $50 million in acquisition financing for St. Louis-area apartment development

David Garfinkel, senior vice president/managing director of NorthMarq’s St. Louis office, arranged acquisition financing of $50.57 million for The Barton Apartments. The 228-unit multifamily property…

Bellwether Enterprise closes $15 million refinance loan for workforce housing development in North Dakota

Bellwether Enterprise Real Estate Capital LLC closed a $15.125 million refinance loan through the Federal Housing Administration for Arbor Courts, a 150-unit modern, workforce housing…

Greystone adds managing director

Christopher Clare has joined Greystone as a managing director reporting to Nikhil Kanodia, head of Greystone’s FHA financing platform. Prior to joining Greystone, Clare was…

Good news in the Twin Cities CRE market? Bridgewater Bank pros says it’s out there

It's been a challenging several months for the Twin Cities. That doesn't mean, though, that there isn't good news to be found in its commercial…

Bernard Financial closes $5.6 million loan for Michigan office building

Bernard Financial Group has arranged a $5.6 million life company loan for a 72,607-square-foot Class-A/B office building in Farmington Hills, Michigan. Duke & Duke Limited…

Grand Rapids’ Red Oak Capital Group names CEO

Gary Bechtel has joined Grand Rapids, Michigan-based Red Oak Capital Group as chief executive officer. Red Oak is an investment manager and provider debt capital…

Freddie Mac provides loan to refinance top-performing Houston community

JLL Capital Markets has arranged financing for Hanover Southampton, a 206-unit, multi-housing community in Houston’s affluent West University neighborhood. JLL worked on behalf of the…

Associated Bank completes $1.3M acquisition loan for Chicago residential property

Associated Bank recently completed a $1,360,000 loan for 312 Properties for the acquisition of a three-story, thirteen-unit residential building at 6700 S. Clyde Avenue in…

Money360 promotes three finance veterans

Money360 recently promoted three financing veterans. John Calder has been promoted to managing direcor of operations and is responsible for all ongoing business operations within…

JDI Loans closes $6.6M loan for The Granary at Briggs Ranch, San Antonio

JDI Loans LLC, an affiliate of JDI Realty LLC, closed a $6.65 million bridge loan to Convergence Brass LLC, secured by an 865-acre planned mixed-use…

Finance

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