Wintrust hires SVP
Wintrust Multinational Commercial Banking has hired Stephen Jones as senior vice president. Jones has extensive experience in developing new clients and building existing client relationships.…
finance
NorthMarq closes $24 million refinance of multifamily property in Nebraska
John Reed, managing director of NorthMarq’s Omaha office, secured the $24 million refinance of Flats at Shadow Creek in Lincoln, Nebraska. The 219-unit multifamily property…
Minnesota Housing closes $3.3 million refinance of Minneapolis apartment development
Minnesota Housing recently closed a $3.3 million refinance of Greenleaf Apartments on Lyndale Avenue in South Minneapolis. Greenleaf has 63 affordable units, as well as…
JLL Capital Markets provides $44 million in construction financing for St. Paul apartment project
JLL Capital Markets has arranged $44.05 million in construction financing for the University & Raymond multi-housing property in the Saint Anthony Park neighborhood of St.…
Newmark closes $79 million in FHA financing for multifamily properties in Knoxville area
Newmark has completed $79 million in FHA financing for multiple multifamily assets in the Knoxville, Tennessee, MSA–including Kingston Pike Village–in the fourth quarter of 2020.…
Associated Bank wraps financing for 1.026-million-square-foot industrial facility in Michigan
Associated Bank completed the financing for InSite Real Estate LLC for the land acquisition and construction of an industrial facility on a 263-acre site in…
Pembrook provides $17 million for acquisition of six apartments in Ohio
Pembrook Capital Management LLC is providing a $17.7 million loan for the acquisition and renovation of a value-add multifamily portfolio made up of six buildings…
Bellwether Enterprise Real Estate Capital names new president
DJ Effler has been promoted to president of Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment…
JLL Capital Markets secures equity investment for 246,000-square-foot office building in Minnesota
JLL Capital Markets announced today that it has secured a joint venture equity investment for One Southwest Crossing, a five-story, 246,293-square-foot office building in the Minneapolis-area…
Grandbridge provides first mortgage loan for 420,000-square-foot office park in Minnesota
Grandbridge Real Estate Capital recently closed a first mortgage loan secured by a six-building, 420,000-square-foot office park in Mendota Heights, Minnesota. Minneapolis-based Tony Carlson originated…