The Cost of Trying to Fix a Failed 1031 Exchange
Section 1031 can be one of the most powerful tax-deferral tools available to real estate investors. When used properly, it allows an investor to sell…
finance
Northmarq closes $52 million debt and equity deal for 300-unit apartment community in Westfield
Northmarq's Debt + Equity team, led by Annamarie Bjorklund and Cody Field, arranged debt and equity capital totaling $52.15 million for Maple Knoll Apartments, a 300-unit garden-style multifamily…
Marcus & Millichap Capital Corporation provides $4.798 million in acquisition financing for industrial property in Albert Lea
Marcus & Millichap Capital Corporation arranged $4,798,000 in financing for the acquisition of a 127,869-square-foot industrial property located at 1851 Margaretha Avenue in Albert Lea,…
Associated Bank provides $28.35 million for transit-oriented development in Chicago
Associated Bank completed a $28,350,000 loan to a joint venture of North Park Ventures and SNS Realty Group for development of a new transit-oriented residential…
JLL Capital Markets provides financing for fully leased retail center in Southlake
JLL Capital Markets secured the financing of Cornerstone Plaza, a fully leased retail center located in Southlake, Texas. JLL represented the borrower, Brownlee Waggoner Holdings. The…
Berkadia arranges financing for 50-bed inpatient rehab facility in Bismarck
Berkadia closed the equity placement and financing for the development of Vibra Hospital of the Central Dakotas, a 50-bed inpatient rehabilitation facility (IRF) and long-term…
Associated Bank closes $6.9 million loan to finance industrial building in Pataskala
Associated Bank completed a $6,982,106 term loan to Transport Properties and GFH Partners to finance a 75,250 square foot industrial building located at 3003 Etna…
Oak Brook’s Inland Real Estate Investment Corporation names managing director
Oak Brook, Illinois-based Inland Real Estate Investment Corporation appointed Andrew Barnum as Managing Director, Product Strategy. Inland Investments is an industry leader specializing in offering…
Northmarq provides $54 million in equity financing for 355-unit apartment community in Plano
Northmarq's Dallas Debt + Equity team of Joel Heikenfeld, Charlie Rimkus and Charlie Robinson arranged $54 million in equity financing for Park at Legacy, a 355-unit high-rise apartment community at 6501…
PNC Bank extends lease in downtown Milwaukee
PNC Bank announced a long-term extension of its lease at 411 E. Wisconsin in Milwaukee, reaffirming its commitment to downtown, its workforce and the region’s…