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,…

Bernard Financial closes $2.25 million in financing for Michigan apartments

Bernard Financial Group has arranged a $2.25 million life company loan for a 192-unit multifamily property in Ypsilanti, Michigan.

Academy Bank merges with Missouri’s KCB Bank

Academy Bank, a full-service community bank and wholly owned subsidiary of Dickinson Financial Corp., completed its merger with Kearney, Missouri-based KCB Bank.

Berkadia provides $23 million of financing for Madison apartment development

Berkadia provided $23.2 million in permanent financing for The Tuscany on Pleasant View, a multifamily property in Madison, Wisconsin. Senior director Paul Matusiak of Berkadia's…

Aries Capital adds to Chicago office

Steve Adams has joined Chicago-based commercial real estate mortgage and investment banking firm, Aries Capital, as assistant vice president. The firm has also relocated its…

CBRE arranges financing for 100-unit apartment complex in Missouri

CBRE has arranged construction financing for Creekside Town Center, a 100-unit apartment complex and 44,000-square-foot retail center in Parkville, Missouri. CBRE|Capstone's John Perlik and Don…

finance

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