CBRE provides financing for student housing near Michigan State
CBRE has structured a $1.99 million loan to acquire and remodel a mixed-use, office/apartment building at 610 Abbot Road in East Lansing, Michigan. A First…
finance
JLL arranges over $17M in financing for suburban Chicago apartments
JLL arranged $17.345 million in financing for Iron Gate, a 180-unit fractured apartment and condominium community in the western Chicago suburb of Glen Ellyn, Illinois.…
Berkadia sells pair of apartment projects near Madison
Berkadia closed the sale of a portfolio of two multifamily properties totaling 364 units in suburban Madison, Wisconsin.
NKF sells three-property apartment porftolio in Ohio
NKF Multifamily Capital Markets recently closed the $43.6 million sale and $34.8 million Freddie Mac financing for repeat NKF/Freddie Mac Sponsor AndMark Investment Fund. The…
KeyBank closes $11 million in financing for Ohio healthcare property
KeyBank Real Estate Capital has secured $11 million of financing in Federal Housing Authority loans for Foundations Health Solutions, based in North Olmsted, Ohio, to…
Eastern Mortgage Capital provides $24 million for Michigan apartments
Eastern Mortgage Capital has provided $24.30 million in permanent financing on 555 Residential, a 99- unit multifamily property in Birmingham, Michigan.
KeyBank provides $88 million in financing for seniors housing in Ohio, Kentucky
KeyBank Real Estate Capital has secured $88 million of financing in Federal Housing Authority loans for the Northwind Group, based in New York, to pay…
JLL arranges $9.4M refinancing for Chicago recreational facility
JLL arranged a $9.4 million refinancing for The Armoury, a 46,040-square-foot infill industrial facility repurposed as an entertainment trampoline park and athletic training facility in…
NorthMarq closes $2.05 million refinance for St. Paul apartments
Michael Padilla with the Minneapolis office of NorthMarq recently arranged the $2.05 million refinance of 623 Lofts, a 17-unit multifamily property in St. Paul, Minnesota.
Cresa names chief financial officer
National commercial real estate firm Cresa has named Dave Metzger as chief financial officer. Metzger will lead Cresa’s finance team with a focus on financial…