BankFinancial names Jocelyn Urban senior vice president of commercial real estate
BankFinancial announced its new senior vice president of commercial real estate and capital markets division, Jocelyn Urban.
Finance
Dougherty Mortgage closes $2.6M Fannie Mae loan for Palos Hills apartments
The Nashville, Tennessee office of Dougherty Mortgage recently closed a $2.6 million second Fannie Mae Supplemental loan for the refinancing of Green Oaks Apartments, a…
KeyBank closes $13.9 million loan for apartment property in Indiana
KeyBank Real Estate Capital secured $13.9 million of Freddie Mac financing for The Benchmark Group to refinance a multifamily property in Evansville, Indiana.
Managing director named in Cincinnati office of NorthMarq
The Cincinnati office of NorthMarq has promoted Noah Juran to managing director. In his new role, Juran will co-manage the daily operations of the Cincinnati…
Bernard Financial closes $35 million loan for Michigan industrial facility
Bernard Financial Group has closed a $35 million life company loan for a 655,256-square-foot industrial building in Hazel Park, Michigan.
Petros PACE provides $4.2 million to transform historic Omaha building
Petros PACE Finance, LLC has closed a $4.2 million Commercial Property Assessed Clean Energy (C-PACE) transaction with REV Development, an owner, developer and operator of…
Berkadia provides $77 million in financing for Westin in Detroit
Berkadia provided $77 million in financing for The Westin Book Cadillac, a full-service hotel in Detroit, Michigan. Director Dan Geuther of Berkadia's Cleveland office secured…
Bernard Financial closes $14.1 million loan for Detroit parking deck
Bernard Financial Group has arranged a $14.1 million construction loan for the SoMA parking deck in Detroit.
KeyBank closes $21 million loan for nursing facility in Louisville
KeyBank Real Estate Capital secured a $21 million Federal Housing Authority fixed-rate loan for a post-acute healthcare services company to purchase a skilled nursing facility…
The great wealth transfer
Over the coming 25 years, Baby Boomers are expected to transfer roughly $55 trillion worth of assets to the next generation, charitable organizations and Uncle…