Finance

KeyBank provides $34.3 million of financing for rehab of six low-income apartment buildings in Chicago

KeyBank Community Development Lending and Investment provided $34.3 million in construction and permanent financing through the HUD 221(d)(4) Mortgage Insurance program to facilitate the substantial…

Associated Bank provides financing of more than $145 million for construction of laboratory and office building in Maple Grove

Associated Bank closed a financing package of more than $145 million for the Ryan Companies US, Inc. for the construction of a three-story, single-tenant Class-A…

JLL Capital Markets secures $179 million refinancing for Brookdale Senior Living

 JLL Capital Markets closed a seven-year, fixed rate loan for $179.5 million with Fannie Mae on behalf of Brookdale Senior Living. Proceeds were used to refinance…

JLL Capital Markets arranges refinance of 224-unit apartment community in Arlington

JLL Capital Markets has arranged the refinance of The Jones, a 224-unit, garden-style apartment community within the Dallas-Fort Worth area in Arlington, Texas. JLL represented the…

Graystone Capital Advisors names first vice president

Graystone Capital Advisors has appointed Matthew Hardke as first vice president.Hardke joined Graystone Capital Advisors in 2018 and specializes in investment sales and strategic leasing…

Schafer Richardson closes on affordable housing development in Minnesota community

Schafer Richardson closed on the acquisition and construction financing for Croft at Rosecott, a 164-unit affordable housing community at the intersection of Akron Avenue and…

BWE closes more than $26 million for seniors and affordable housing projects across country

BWE, a national commercial and multifamily mortgage banking company, closed four financings totaling more than $26 million to refinance, build and preserve four seniors and…

Associated Bank, Johnson Financial partner to provide funding for affordable-housing project in Madison

Associated Bank completed a $13 million construction/bridge loan and a tax-exempt bond loan of more than $41.6 million for development of Rise Madison, a Madison,…

Cinnaire closes funds totaling $193 million

Cinnaire has announced the closing of two Low-Income Housing Tax Credit funds totaling $193 million. These multi-investor funds – Cinnaire Fund for Housing (Fund 40)…

PACE Loan Group’s Golberstein: Higher rates caught many developers flat-footed this year

Who would argue that higher interest rates weren’t the biggest financial story this year? Certainly no one in the commercial real estate business.

Finance

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