District Capital

Detroit’s District Capital closes 10-year refinance loan for mixed-use building

Mike Lemon with Detroit's District Capital closed a 10-year, fixed-rate loan with a life insurance copany for the refinance of a mixed-use building featuring multifamily…

Nothing normal about today’s market: Higher rates put brakes on multifamily finance requests

A normal market? Finance experts say that today’s multifamily market is far from one of those.

District Capital, Crossroads Realty Advisors and Westwood Real Estate Capital join forces

Detroit-based District Capital, Indianapolis-based Crossroads Realty Advisors and Cleveland-based Westwood Real Estate Capital have joined forces to create a new commercial mortgage origination and loan-servicing…

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…

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