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Finance

IllinoisFinanceMultifamily

Maverick Commercial Mortgage closes two loans for a portfolio of Chicago multifamily properties

Maverick Commercial Mortgage closed two Fannie Mae loans for a portfolio of multifamily properties located on the North Side of Chicago. Collateral for the combined…
December 2, 2020
TexasFinance

Maverick Commercial Mortgage closes on $4.5M in financing for Arlington, Texas manufactured housing community

Maverick Commercial Mortgage closed a $4,500,000 first mortgage on Oak Haven Estates manufactured housing community located at 415 N. East Street in Arlington, Texas. The…
December 1, 2020
MinnesotaFinanceSeniors Housing

Colliers Mortgage closes pair of loans for age-restricted communities in Minnesota

The Minneapolis office of Colliers Mortgage, part of Colliers International, has provided two HUD 223(a)(7) loans totaling more than $7.304 million for the refinancing of…
December 1, 2020
MissouriFinanceMultifamily

Berkadia closes $20 million loan for Kansas City apartment development

Berkadia closed $20.5 million in financing for Summit Crossing Phase II, a townhome-style multifamily property in Kansas City, Missouri. Managing Director John Schorgl of Berkadia’s…
November 25, 2020
IndianaFinance

Indiana’s Merchants Bank hires VP, senior business development officer

Carmel, Indiana-based Merchants Bank of Indiana recently hired Tony Boddie as vice president and senior business development officer for Small Business Administration Lending. Currently, Boddie…
November 24, 2020
TexasFinanceMultifamily

Alliant Credit Union closes $39M worth of multifamily loans

Alliant Credit Union recently closed on two multifamily loans in Texas, one for the acquisition of an apartment community and the other for the refinance…
November 23, 2020
OhioFinanceOffice

Bernard Financial closes $14 million loan for office buildings in Ohio

Bernard Financial Group has arranged a $14.3 million life company loan for two class-A multi-tenant office buildings in Dublin, Ohio. The two buildings total 209,799…
November 23, 2020
MinnesotaFinanceMultifamily

Grandbridge closes $8.9 million worth of loans in St. Cloud area

Grandbridge Real Estate Capital recently closed $3.8 million and $5.1 million first mortgage loans secured by two multifamily properties in the St. Cloud, Minnesota, MSA.…
November 23, 2020
IllinoisFinanceMultifamily

With $41M in financing secured, Newcastle Limited breaks ground on Gold Coast development

Newcastle Limited secured $41.3 million in construction financing to support development of the firm's mixed-use project at 1210 N. State Parkway in Chicago's Gold Coast…
November 23, 2020
IllinoisFinanceIndustrial

Brit Properties refinances several industrial assets

Union National Bank has refinanced a portfolio of industrial buildings owned by Rosemont-based real estate syndicator, Brit Properties. The assets located in the Chicago city…
November 20, 2020
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