Finance

Walker & Dunlop closes largest transaction in company’s history

Walker & Dunlop recently closed the largest transaction in the company's history, a $2.4 billion Fannie Mae Credit Facility to refinance 67 multifamily propertes. The…

Greystone provides $6.5 million loan for refinance of apartment project in Ohio

Greystone provided a $6.534 million Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 100-unit multifamily property in Marion County, Ohio. The transaction…

NorthMarq names new COO

Travis Krueger, formerly chief administrative officer, has been promoted to the role of chief operating officer of Minneapolis-based NorthMarq effective May 1. He succeeds Mike…

Bellwether Enterprise provides $28.8M acquisition loan for affordable housing property in Elmhurst

Bellwether Enterprise Real Estate Capital provided a $28.8 million Freddie Mac loan for the acquisition, rehabilitation and preservation of Elmhurst Terrace, a 315-unit affordable housing…

Well known Chicago mortgage banker, Al Hanna, passes away

Chicago mortgage banker, Albert C. Hanna, passed away on April 16, 2020. He was 89. Hanna founded Mid-North Financial Services, Inc. in 1982, serving as…

Fifth Third Bank, Bellwether Enterprise form new strategic relationship

Fifth Third Bank and Bellwether Enterprise Real Estate Capital have formed a new strategic relationship designed to expand opportunities in the multifamily housing industry and…

Mixed-use TOD in Chicago’s Grand Boulevard neighborhood gets financing

Chicago-based The Habitat Company has cleared a key hurdle in financing the first phase of 43 Green, a $35 million mixed-income, mixed-use transit-oriented development (TOD)…

Arbor provides more than $13 million in apartment financing in Wichita

Arbor Realty Trust, Inc. provided the funding for three Fannie Mae loans totaling $13.7M in Wichita, Kansas. Kingston Cove Apartments received $8.9 million in acquisition…

Dougherty Mortgage closes $6 million loan for Minnesota apartment complex

Dougherty Mortgage recently closed a $6.1 million Fannie Mae loan for the refinancing of Green Acres, an 83-unit market-rate multifamily apartment property in Hermantown, Minnesota.…

Bridge-to-perm loans make a comeback, providing certainty in uncertain times

Tim Madigan Changing demographics and work concepts are disrupting today’s commercial real estate landscape, compounded by a global pandemic and uncertainty in the geopolitical and…

Finance

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