NorthMarq provides $4 million loan for Omaha apartment property
Josh Larsen of NorthMarq's Omaha regional office negotiated the $4.025 million refinance of New Keystone Apartments in Omaha, Nebraska.
finance
Financing the new kids on the block: Co-living, cannabis and workforce housing
As 2019 draws to a close, investor interest is growing in several emerging assets, including co-living, workforce housing and cannabis tenants. Matt Wurtzebach, senior vice…
Berkadia closes $67 million loan for Cleveland apartment community
Berkadia closed $67.56 million in secured financing for Centric Apartments, a multifamily property with more than 28,000 square feet of commercial space in the University…
ASC arranges $13.6 million for Chicago South Side multifamily portfolio
American Street Capital (ASC) has arranged $13.62 million in permanent debt for a twenty-building multifamily portfolio located in Chicago. The portfolio, consisting of 214 units…
Petros Pace closes $8 million loan for KC Hyatt House energy measures
Petros PACE Finance, LLC has closed an $8 million Commercial Property Assessed Clean Energy (C-PACE) transaction with Pedersen Development Company, a Colorado-based developer, to finance…
Venture Mortgage closes loan for purchase of Minnesota retail property
Venture Mortgage Commercial Real Estate Finance recently closed financing for the acquisition of a 9,260-square-foot multi-tenant retail property in Minnesota.
Mag Mile Capital completes $12.5M bank loan for R&R Global Partners
Mag Mile Capital closed a $12,500,000, seven-year, fixed-rate, 73 percent LTV, limited-recourse loan on behalf of Bryan Rishforth and Philadelphia-based firm, R&R Global Partners. Located…
IECA closes Illinois’ first Commercial PACE financing deal
The Illinois Energy Conservation Authority NFP (IECA) closed the first commercial Property Assessed Clean Energy (C-PACE) financing deal in Illinois on August 30, 2019, totaling…
A&G taps Jeffrey Hoffmann to lead restaurant real estate division
Jeffrey K. Hoffmann, a veteran banking executive who has provided strategic advice and capital solutions to operators of some of the biggest restaurant brands in…
Liberty SBF closes $2 million hotel loan near Minneapolis
Liberty SBF has closed a first mortgage loan totaling $2.2 million to borrower Mounds View Lodging LLC for the refinance of an AmericInn by Wyndham,…