Finance

Cambridge PROVIDES $3.9M HUD Lean loan to refinance Longview, TX senior housing property

Cambridge Realty Capital Companies provided a $3,907,100 HUD Lean loan to refinance Summer Meadows, a 115-bed skilled nursing care facility located in Longview, Texas. Hymie…

Grandbridge provides $4.7 million of financing for Ohio office, apartment properties

Columbus-based Senior Vice President Craig Kegg of Grandbridge Real Estate Capital recently arranged financing for a two-property portfolio in Lorain, Ohio. The two properties, one…

Marcus & Millichap arranges $4.3M acquisition loan for Bolingbrook retail asset

Marcus & Millichap Capital Corp. has arranged a $4,312,500 acquisition loan to acquire a 9,850-square-foot retail strip center located in Bolingbrook, Illinois. “The property is…

Michigan’s Old National Bank makes two key promotions

Kalamazoo, Michigan-based Old National Bank has promoted two veteran bankers to its market leadership team. Jim Barnum, Kalamazoo market president, will direct the Old National…

Bernard Financial closes $6 million loan for industrial properties in Michigan

Bernard Financial Group has arranged a $6 million life company loan for a two-building industrial property in Brownstown, Michigan. The borrower is Ashley Brownstown North…

Hunt Real Estate Capital provides $17 million refinance loan for Toledo apartment property

Hunt Real Estate Capital has provided a $17.2 million Fannie Mae conventional multifamily loan to refinance a an apartment property in Toledo, Ohio. Steeplechase Apartments…

Greystone provides $14 million loan to refinance Crown Point apartment property

Greystone has provided a $14 million FHA-insured loan to refinance a 174-unit multifamily property in Crown Point, Indiana. The transaction was originated by Dan Sacks…

KNCT Lending launches second real estate debt fund

Chicago-based Konnect Real Estate has initiated a second privately held real estate debt fund, KNCT Lending II, which will again focus on short-term, event-driven, time-sensitive…

Gantry arranges $7.4 million refinancing for Houston Woodlands 45 in Texas

Gantry arranged a $7,400,000 loan to refinance Houston Woodlands 45, a 63,373-square-foot, multi-tenant office building located just north of Houston. Patrick Barkley, Principal, and Chad…

KeyBank provides $27 million of construction financing for affordable housing in Indianapolis

KeyBank Community Development Lending and Investment secured $27.7 million of construction financing, $13.2 million of 4 percent low-income tax credit equity and $18.4 million of…

Finance

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