finance

MichiganFinanceOffice

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,…

MinnesotaFinanceSeniors Housing

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…

MichiganFinanceRetail

Friedman Finance closes $585,000 loan for 18,000-square-foot grocery store in Flint

Friedman Finance’s Ryan Denomme arranged a $585,000 loan secured by an 18,000-square-foot single-tenant grocery store in Flint, Michigan. Ryan Denomme, Director of Friedman Finance, originated…

MinnesotaFinance

EVP with Colliers Mortgage earns top award from NAIOP Minnesota

Murray Kornberg, executive vice president of commercial lending with Colliers Mortgage, is the recipient of NAIOP Minnesota’s 2020 President’s Award. The President's Award is NAIOP’s…

OhioMultifamily

City Club Apartments, Berkeley Capital form strategic partnership

City Club Apartments has formed a new strategic partnership with Cleveland, Ohio-based boutique real estate private equity firm Berkeley Capital. The announcement was made jointly…

MichiganFinance

Bernard Financial closes $1 million loan for pair of Michigan properties

Bernard Financial Group has arranged a $1 million life company loan for two cross-collateralized flex properties totaling 31,424 square feet in Clinton Township, Michigan. The…

MichiganFinanceMultifamily

Berkadia closes sale of 469-unit apartment property in Ypsilanti

Berkadia closed the sale and secured financing for Arbor One Apartments, a 469-unit garden-style multifamily property in Ypsilanti, Michigan. Senior Managing Director Kevin Dillion, Managing…

MinnesotaCRE

Success during COVID-19? Minneapolis office of Grandbridge proves how possible it is

There’s no doubt that the COVID-19 pandemic has made life more challenging for commercial real estate professionals, whether these pros are working in development, brokerage,…

OhioFinance

KeyBank provides $6.4 million construction loan for affordable housing development in Cleveland

KeyBank Community Development Lending and Investment provided a $6.4 million construction loan for Cleveland-based Burten, Bell, Carr Development, Inc., a nonprofit community development corporation, to…

MinnesotaFinanceSeniors Housing

Colliers Mortgage closes $5.9 million refinance loan for seniors housing development in Minnesota

The Minneapolis office of Colliers Mortgage, part of Colliers International|U.S., recently closed a $5.9 million HUD 223(a)(7) loan for the refinancing of Fairway Ridge Cooperative,…