finance

Colliers Mortgage closes $8.9 million acquisition loan for pair of apartment projects in Minnesota

The Minneapolis office of Colliers Mortgage, part of Colliers International| U.S., recently closed an $8.9 million Fannie Mae loan for the acquisition and rehabilitation financing…

NorthMarq provides $50 million in acquisition financing for St. Louis-area apartment development

David Garfinkel, senior vice president/managing director of NorthMarq’s St. Louis office, arranged acquisition financing of $50.57 million for The Barton Apartments. The 228-unit multifamily property…

Greystone adds managing director

Christopher Clare has joined Greystone as a managing director reporting to Nikhil Kanodia, head of Greystone’s FHA financing platform. Prior to joining Greystone, Clare was…

Good news in the Twin Cities CRE market? Bridgewater Bank pros says it’s out there

It's been a challenging several months for the Twin Cities. That doesn't mean, though, that there isn't good news to be found in its commercial…

Bernard Financial closes $5.6 million loan for Michigan office building

Bernard Financial Group has arranged a $5.6 million life company loan for a 72,607-square-foot Class-A/B office building in Farmington Hills, Michigan. Duke & Duke Limited…

Grand Rapids’ Red Oak Capital Group names CEO

Gary Bechtel has joined Grand Rapids, Michigan-based Red Oak Capital Group as chief executive officer. Red Oak is an investment manager and provider debt capital…

Money360 promotes three finance veterans

Money360 recently promoted three financing veterans. John Calder has been promoted to managing direcor of operations and is responsible for all ongoing business operations within…

Colliers Mortgage names chief operating officer

Industry veteran Hal Collett has joined Colliers Mortgage, part of Colliers|U.S., as chief operating officer. He will help direct agency finance operations from his McKinney,…

Black Bear Capital Partners closes $52 million in loans for retail, multifamily properties

Black Bear Capital Partners has arranged $52.1 million in permanent financing on behalf of various owners for the refinance of 12 student housing, retail and…

Commercial Real Estate Hall of Fame: NorthMarq’s David Garfinkel

Midwest Real Estate News inducts a new class in its Midwest Commercial Real Estate Hall of Fame each year. This year, we are running the…

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