Bernard Financial closes $1.3 million loan for Michigan multifamily property
Bernard Financial Group has arranged a $1.346 million loan for a 24-unit multifamily property in Fraser, Michigan.
Finance
Inland Bank and Trust closes $10M Loan for Logistics Property Co.’s McKinley Park industrial development
Inland Bank and Trust and Logistics Property Company (LPC) have closed on a $10 million construction loan for the development of LPC's 3711 S. Ashland…
SRS closes $9.59 million loan for Home Depot property near Cleveland
SRS Real Estate Partners has secured a $9.59 million loan on behalf of a private investor for the ground lease acquisition of a property occupied…
NorthMarq provides funding for three-building office property near Columbus
Jeff Frankel, senior vice president/senior director of NorthMarq's Chicago office, negotiated acquisition financing for two industrial/flex office properties, including one loated in the suburbs of…
Associated Bank completes $17.7M loan for Glenview, Illinois shopping center
Associated Bank announced the completion of a $17,750,000 land acquisition and construction loan to GW Properties for the development a 62,540-square-foot, four-building shopping center known…
Petros PACE closes $5.6 million in financing for Omaha hotel projects
Petros PACE Finance, LLC has closed two Commercial Property Assessed Clean Energy (C-PACE) transactions totaling $5.6 million with MH Hospitality, an Omaha, Nebraska developer, owner…
State Bank provides financing for three Michigan deals
State Bank closed three new financing facilities secured by projects in Michigan. All three were arranged by Matthew Wilk of The State Bank in Brighton,…
REITs still attractive to investors, but opportunities in the Midwest limited
As client portfolio manager for Des Moines, Iowa-based Principal Global Investors, Todd Kellenberger understands what good investments REITs can be. And in 2020? He expects…
Uber Capital Group closes $29.5 million acquisition loan for retail portfolio
Led by president and founder Joel Gorjian, commercial real estate financial advisory and mortgage origination firm Uber Capital Group has sourced a $29.5 million acquisition…
Associated Bank closes $8 million loan for learning centers in Wisconsin
Associated Bank provided more than $8.65 million in three separate loans to Bradford Real Estate for land acquisition and construction of early childhood learning centers…