Finance

Bellwether Enterprise closes $88 million in loans for affordable housing communities in Texas

Bellwether Enterprise Real Estate Capital, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc., announced the closing of three loans totaling $88,435,000…

SomerCor VP, Elisabeth Williams, receives Women of Achievement Award

Elisabeth Williams, vice president and loan officer at SomerCor, received the Corporate Woman of Achievement Award at the NAWBO Chicago Annual Celebration of Achievement. Williams…

Minnesota Housing closes $4.6 million refinance of St. Paul multifamily tower

Minnesota Housing recently closed a $4.6 million refinance of the Minnesota Building in downtown St. Paul. The Minnesota Building is home to two affordable multifamily…

KeyBank provides $6.4 million construction loan for affordable housing development in Cleveland

KeyBank Community Development Lending and Investment provided a $6.4 million construction loan for Cleveland-based Burten, Bell, Carr Development, Inc., a nonprofit community development corporation, to…

Colliers Mortgage closes $5.9 million refinance loan for seniors housing development in Minnesota

The Minneapolis office of Colliers Mortgage, part of Colliers International|U.S., recently closed a $5.9 million HUD 223(a)(7) loan for the refinancing of Fairway Ridge Cooperative,…

Colliers Mortgage closes $6.4 million Fannie Mae loan for Northridge Villas

The Minneapolis office of Colliers Mortgage, part of Colliers International, recently closed a $6.4 million Fannie Mae loan for the acquisition financing of Northridge Villas,…

NorthMarq secures $13.5 million of acquisition financing for Ohio office property

Susan Branscome, senior vice president/managing director of NorthMarq’s Cincinnati office, secured acquisition financing of $13.505 million for The Acropolis at Fairfield Commons in Beavercreek, Ohio.…

Colliers Mortgage closes $8.9 million acquisition loan for pair of apartment projects in Minnesota

The Minneapolis office of Colliers Mortgage, part of Colliers International| U.S., recently closed an $8.9 million Fannie Mae loan for the acquisition and rehabilitation financing…

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…

Finance

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