finance

Indiana’s Merchants Bank hires VP, senior business development officer

Carmel, Indiana-based Merchants Bank of Indiana recently hired Tony Boddie as vice president and senior business development officer for Small Business Administration Lending. Currently, Boddie…

Bernard Financial closes $14 million loan for office buildings in Ohio

Bernard Financial Group has arranged a $14.3 million life company loan for two class-A multi-tenant office buildings in Dublin, Ohio. The two buildings total 209,799…

Red Oak Financial provides $5 million loan for apartment purchase in Kansas

Red Oak Financial funded a $5.459 million fixed-rate bridge loan for the purchase of Deer Creek Apartments, a 111-unit multifamily complex in Topeka, Kansas. The…

Greystone Bel closes sale of six-property apartment portfolio in Detroit

Greystone Bel recently closed the sale of the Whitmore Apartments Portfolio, a six-property multifamily portfolio totaling 223 units in the Palmer Park district of Detroit,…

KeyBank provides $31 million of financing for Columbus seniors housing provider

KeyBank Real Estate Capital and KeyBanc Capital Markets secured $31 million of financing for Columbus, Ohio-based National Church Residences, the nation’s largest not-for-profit provider of…

NorthMarq closes $13 million refinance of 490-unit apartment complex in St. Louis

Noah Juran, senior vice president/managing director of NorthMarq’s Cincinnati office, worked with David Garfinkel, senior vice president/managing director in NorthMarq’s St. Louis office, to secure…

Colliers Mortgage closes refi loan for 80-unit apartment property in Minneapolis

The Minneapolis office of Colliers Mortgage, part of Colliers International|U.S., recently closed a Fannie Mae loan for the refinancing of Good Dwelling, an 80-unit market…

Bernard Financial closes $1.25 million apartment loan in Tennessee

Bernard Financial Group has arranged a $1.25 million life company loan for a 34-unit multifamily property in Carthage, Tennessee. The borrower is Cumberland Apartments LLC.…

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,…

Associated Bank closes $29 million loan for senior living community in Minnesota

Associated Bank closed a $29 million construction loan to United Properties for the development of a 133-unit senior living community in Bloomington, Minnesota. The project…

finance

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