finance

KeyBank provides $13 million in financing for affordable housing in Cleveland

KeyBank secured $13 million of financing for The NRP Group, LLC, a real estate development and property management company based in Cleveland, to build an…

NorthMarq provides more than $41 million in debt for 249-unit multifamily property in Minnesota

Brett Hood, managing director of NorthMarq’s Chicago regional office, secured more than $41.479 million in Freddie Mac debt to facilitate the acquisition of Hinton Heights…

Berkadia provides $19.9 million in refinancing funds for Missouri multifamily project

Berkadia secured the financing for Lakeview Crossing Townhomes, a garden-style multifamily property in Blue Springs, Missouri. The project finished construction in March of 2019. Senior…

Bernard Financial Group closes $1.75 million loan for Michigan apartment property

Bernard Financial Group closed a $1.75 million life company loan for a 120-unit multifamily property in Brighton, Michigan. The borrower is Lexington Manor Apartments Limited…

NorthMarq provides $10.2 million in financing for two Ohio properties

Noah Juran, senior vice president/managing director of NorthMarq’s Cincinnati office, secured acquisition financing of $10.2 million for two Governor’s Pointe Flex Buildings. The two properties…

Indiana’s Merchants Capital adds VP of multifamily loan originations

Carmel, Indiana-based Mortgage banking company Merchants Capital hired Tony Washington as vice president of multifamily loan originations. Washington has more than 25 years of experience…

Colliers Mortgage provides $18.2 million purchase loan for 98-unit apartment complex in Minnesota

The Minneapolis office of Colliers Mortgage recently closed an $18.2 million Fannie Mae loan for the acquisition financing of Crossroads at Elm Creek in Maple…

JLL Capital Markets closes $153 million refinance for downtown Chicago office tower

JLL Capital Markets has arranged a $153 million refinancing for 123 North Wacker, a fully amenitized, recently repositioned, 550,000-square-foot office tower in Chicago’s central business district.…

CBRE Capital Markets adds senior financial analyst to Chicago team

CBRE Capital Markets Debt & Structured Finance group has added Jim Ferris as a senior financial analyst to its downtown Chicago team. The team specializes…

Bernard Financial Group closes $5.3 million loan for Toledo apartment property

Bernard Financial Group has arranged a $5.304 million Fannie Mae loan for a 240-unit multifamily property in Toledo, Ohio. The borrower is Cambridge Briarcliff Owner,…

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