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District Capital

MichiganFinanceNet Lease

District Capital provides $1.65 million loan for Michigan net-lease asset

Justin Hollis with District Capital recently closed a $1.65 million permanent loan for a property in Canton, Michigan. District Capital's lender provided a 25-year loan…
March 30, 2023
MichiganFinanceMultifamily

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…
March 27, 2023
MichiganMidwestMinnesotaFinance

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.
Dan Rafter March 16, 2023
IndianaMichiganOhioCRE

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…
February 2, 2023
MichiganIndustrial

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…
October 18, 2022
MichiganFinance

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…
June 24, 2022
MichiganFinanceRetail

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…
June 17, 2022
MichiganIndustrial

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%,…
March 14, 2022
MichiganMultifamily

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…
January 5, 2022
MichiganOffice

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…
November 19, 2021
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