District Capital

District Capital closes $3.15 million loan for Michigan neighborhood center

Dave Dismondy with District Capital closed a $3.15 million loan on a 31,500-square-foot neighborhood center in a tertiary market in Michigan. The correspondent life insurance…

District Capital provides financing for metropolitan Detroit-area office property

In a market in which office properties are difficult to finance, Mike Lemon placed financing with one of District Capital’s correspondent life insurance companies. This…

District Capital provides $10 million loan for Oakland County lifestyle center

Justin Hollis with District Capital financed a $10 million loan with a correspondent life insurance lender for a lifestyle center in Oakland County, Michigan. The…

District Capital closes $2.8 million loan for Michigan office property

Dave Dismondy with District Capital closed a $2.8 million loan on a 20,000-square-foot office property in Michigan. The correspondent life insurance company cash-out loan was…

District Capital provides $2.4 million in financing for Roseville apartment complex

Mike Lemon with District Capital recently provided a $2.4 million cash-out financing for a 22-unit apartment complex in Roseville, Michigan. The financing included five years…

District Capital closes $10.65 million loan on Michigan industrial property

Dave Dismondy with District Capital closed a $10.65 million loan on a 205,000-square-foot industrial property in Michigan. The correspondent life insurance company loan is non-recourse,…

Detroit’s District Capital adds CRE veteran to roster

Detroit's District Capital has hired commercial real estate industry veteran Jon Potvin. Potvin will be tasked with developing and managing the Grand Rapids, Michigan, office…

District Capital provides $4 million of acquisition financing for Michigan mixed-use property

Mike Lemon with District Capital recently financed a $4 million mixed-use property acquisition in Clarkston, Michigan. The loan consists of a 10-year fixed rate locked…

District Capital provides $5 million in financing for Michigan dollar-store portfolio

Mike Lemon with District Capital recently financed a $5 million construction finance portfolio in Michigan. The four built-to-suit properties in the portfolio are leased by…

District Capital closes $3 million life insurance loan for Detroit-area grocery-anchored property

Dave Dismondy with District Capital closed a $3 million life insurance company loan on a grocery-anchored property in suburban Detroit. No tenant sales reports were…

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