finance

Cinnaire closes $175 million fund to provide affordable housing in Midwest

Cinnaire closed its Cinnaire Fund for Housing Partnership 41, a $175.4 million multi-investor Low-Income Housing Tax Credit fund. The fund comprises 14 investors and will support…

Pearlmark provides $7 million in mezzanine debt for 231-unit multifamily community in Milwaukee market

Pearlmark closed on a $7 million mezzanine debt investment for the refinance of The Ruby at Brookfield Square, a 231-unit multifamily community in Brookfield, Wisconsin,…

Chicago’s Blue Vista Capital Management adds general counsel

Maria Scherer has joined Chicago's Blue Vista Capital Management as general counsel. Scherer brings more than two decades of experience in commercial real estate law.…

Associated Bank provides $20 million in financing for acquisition of two industrial buildings in Nashville

Associated Bank completed a $20.084 million loan to Brennan Investment Group for the acquisition of two last-mile industrial buildings at 5006 Harding Place in Nashville,…

JLL Capital Markets provides acquisition financing for 362,299-square-foot industrial facility in Knoxville

 JLL Capital Markets arranged acquisition financing for Parkside, a 362,299-square-foot industrial facility in Knoxville, Tennessee. JLL represented the borrower, Blue Ridge Industrial, and secured the seven-year, fixed-rate…

Northmarq provides $16 million acquisition funding for 180-unit apartment community in Iowa

Brett Hood, managing director of Northmarq’s Chicago Debt + Equity office, secured the $16.095 million acquisition financing for Walnut Lake Apartments, a 180-unit, garden-style apartment community in…

Reset ready: Navigating the great reset in commercial real estate

A short-term interest rate cut may be on the horizon—but that doesn’t mean we are returning to yesterday’s persistent low rates and high valuations. The…

Colliers Mortgage closes $32.9 million new-construction loan for Texas apartment community

Fritz Waldvogel of Colliers Mortgage has closed a $32.9 million HUD loan for the new construction financing of Deer Park Apartments in Decatur, Texas.  Located…

BWE closes $17 million acquisition loan for mixed-use property in Lincoln Park

BWE has secured a $17 million loan to finance the acquisition of 939 North Avenue, a Class-A, mixed-use property in the Lincoln Park neighborhood of…

Old National Bank adds banking director for Detroit region

Kevin Contat has joined Old National Bank as franche banking director and senior vice president for the bank's metro Detroit expansion market. Contat will be…