District Capital

District Capital provides $3.08 million of acquisition financing for Detroit industrial building

David Dismondy of District Capital closed the acquisition financing of a 142,000-square-foot industrial building in suburban Detroit. The correspondent life insurance company provided 70% of…

District Capital closes $4.3 million loan for Michigan mixed-use building

Justin Hollis with District Capital provided $4.3 million in financing for a mixed-use building in Birmingham, Michigan. The lender locked the interest rate at application…

District Capital provides $2.2 million financing for shopping center in Michigan

Michael Lemon with District Capital arranged debt financing for the acquisition of a retail strip center in Madison Heights, Michigan. The rate was locked in…

District Capital provides $28.7 million loan for distribution warehouse

David Dismondy with Detroit-based District Capital closed a $28.7 million loan for a distribution warehouse. The five-year loan has a fixed interest rate under 3%,…

District Capital provides financing for 308-unit apartment community in Michigan

Mike Lemon with District Capital arranged 95 percent of the capital stack on the acquisition of a 308-unit apartment community in Ypsilanti, Michigan. The debt…

District Capital provides $10.4 million in financing for Ann Arbor office property

Michael Lemon with District Capital closed a $10.4 million acquisition loan on a 60,000-square-foot office property in Ann Arbor, Michigan. The loan was closed with…

District Capital closes $24 million construction/bridge loan for Columbus office tower

Michael Lemon with District Capital recently closed a $24 million construction/bridge loan on Fifth Third Tower in downtown Columbus, Ohio. The non-recourse loan will provide…

District Capital closes $41.9 million apartment loan in Michigan

District Capital recently closed a $41.9 million multifamily Fannie Mae loan for an apartment portfolio in Michigan. The loan features a 15-year full term, 15-year…

Creative financing and a bold vision: Foster Financial makes big play in downtown Detroit with 211 Tower purchase

Dan Gilbert, owner of Bedrock and founder of Quicken Loans, has long been the dominant investor leading the resurgence of downtown Detroit. This doesn't mean,…

Michigan’s Income Property Organization partners with District Capital

Bloomfield Hills, Michigan-based multifamily brokerage company Income Property Organization recently announced its new partnership with District Capital. Mortgage banking firm District Capital provides strategic solutions…

District Capital

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