finance

JLL closes $26 million acquisition loan for 473,000-square-foot office campus in Minneapolis area

JLL Capital Markets has arranged the $26.6 million acquisition loan for UnitedHealth Group’s Optum Campus, a 473,325-square-foot fully leased office campus at 13625 and 13675…

Greystone provides $30.8 million loan to refinance affordable housing in Minnesota

Greystone provided a $30.821 million Freddie Mac Forward Tax-Exempt Loan to help finance the addition of 172 units to an existing affordable housing property in…

St. Louis’ Midwest BankCentre names new member of Women Connect advisory board

Amy Nash, director of operations at Nash Properties, LLC, has been elected to the Women Connect advisory board of St. Louis-based Midwest BankCentre. Nash leads…

Berkadia provides $16 million in financing for Indianapolis apartment development

Berkadia secured $16.6 million in financing for River House, a mid-rise multifamily property in Indianapolis. Senior directors Michael Zaremski and Michael Shmuely of Berkadia’s New…

Bernard Financial closes $2.29 million loan for multifamily property in Michigan

Bernard Financial Group closed a $2.29 million life company loan for a 58-unit multifamily property in New Baltimore, Michigan. The borrower is Erie Investments No.…

Merchants Capital hires former senior director at Freddie Mac

Mortgage banking company Merchants Capital has hired Dwayne George as Executive Vice President, National Head of Production. With 15 years of diverse multifamily production and…

Greystone provides $10.5 million refi loan for Minnesota affordable housing project

Greystone has provided a $10.5 million Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance an affordable housing property in Mankato, Minnesota. The transaction…

Grandbridge provides $4.7 million of financing for Ohio office, apartment properties

Columbus-based Senior Vice President Craig Kegg of Grandbridge Real Estate Capital recently arranged financing for a two-property portfolio in Lorain, Ohio. The two properties, one…

Michigan’s Old National Bank makes two key promotions

Kalamazoo, Michigan-based Old National Bank has promoted two veteran bankers to its market leadership team. Jim Barnum, Kalamazoo market president, will direct the Old National…

Bernard Financial closes $6 million loan for industrial properties in Michigan

Bernard Financial Group has arranged a $6 million life company loan for a two-building industrial property in Brownstown, Michigan. The borrower is Ashley Brownstown North…

finance

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