finance

Greystone provides $6.5 million loan for refinance of apartment project in Ohio

Greystone provided a $6.534 million Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 100-unit multifamily property in Marion County, Ohio. The transaction…

Fifth Third Bank, Bellwether Enterprise form new strategic relationship

Fifth Third Bank and Bellwether Enterprise Real Estate Capital have formed a new strategic relationship designed to expand opportunities in the multifamily housing industry and…

Arbor provides more than $13 million in apartment financing in Wichita

Arbor Realty Trust, Inc. provided the funding for three Fannie Mae loans totaling $13.7M in Wichita, Kansas. Kingston Cove Apartments received $8.9 million in acquisition…

Dougherty Mortgage closes $6 million loan for Minnesota apartment complex

Dougherty Mortgage recently closed a $6.1 million Fannie Mae loan for the refinancing of Green Acres, an 83-unit market-rate multifamily apartment property in Hermantown, Minnesota.…

CBRE provides $2.31 million refinance loan for Battle Creek apartment property

CBRE has structured a $2.31 million loan to refinance the Hidden Lane Apartments in Battle Creek, Michigan. A Freddie Mac Small Balance Loan was obtained…

Berkadia closes $15 million loan for 100-unit apartment community in Grand Rapids

Berkadia today originated a $15.1 million loan with Fannie Mae secured for Lofts on Alabama, a Class-A apartment community in Grand Rapids, Michigan’s West Side…

Hamilton Zanze buys 170-unit St. Louis apartment community

San Francisco-based real estate investment firm Hamilton Zanze has acquired the 170-unit Steelyard & IceHouse Apartments in St. Louis, Missouri. The deal closed April 10.…

Hunt Real Estate Capital closes $27 million loan for acquisition of Chattanooga apartment complex

Hunt Real Estate Capital provided a first mortgage bridge loan in the amount of $27.35 million to finance the acquisition and renovation of a multifamily…

Hunt Real Estate Capital closes $6.4 million loan for apartment acquisition in Michigan

Hunt Real Estate Capital provided a Freddie Mac Small Balance Loan of $6.4 million to finance the acquisition of a multifamily property in Clarkston, Michigan.…

District Capital closes $2.4 million for retail property in Michigan

District Capital of Detroit is still closing loans during the COVID-19 crisis. The company recently secured a 25-year term, 25-year amortization loan on a multi-tenant…

finance

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