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finance

Lodge Financial closes $12.5 million in financing for Chicago deconversion

Lodge Financial successfully secured long term financing on a 64-unit condo deconversion with 64 different sellers. The $12,500,000  purchase price was supported by a loan…
September 12, 2019

JLL arranges $61M financing for new Hyatt House hotel in Chicago

JLL arranged a $61 million refinancing for Hyatt House Fulton Market, a 200-room, newly constructed hotel in Chicago's Fulton Market District. JLL worked on behalf…
September 12, 2019

Mesa West Capital originates $32M acquisition loan for Lockport industrial property

Mesa West Capital has provided the joint venture of High Street Realty Company and Angelo Gordon with $32.1 million in short-term, first mortgage debt for…
September 11, 2019
MichiganFinance

Bernard Financial closes $7 million loan for multifamily property in Michigan

Bernard Financial Group closed a $7 million CMBS loan for a 328-unit multifamily property in Roseville, Michigan.
September 11, 2019
MichiganFinance

State Bank provides $6.6 million in financing for high-tech projects in Michigan

State Bank provided $6.6 million in financing for the construction of two high-tech/research and development buildings in Novi, Michigan.
September 11, 2019

NorthMarq sells 170-unit multifamily portfolio in Kansas

Jeff Lamott, managing director of NorthMarq's Kansas City-based regional office, arranged the sale of a multifamily portfolio consisting of 170-unit class-A townhomes and apartments in…
September 10, 2019
MidwestFinance

Slowdown in multifamily market? It’s not here yet

Chuck Patenaude, senior vice president in charge of production with Minneapolis-based Dougherty Mortgage, remembers when he graduated from college: The goal was always to buy…
September 8, 2019

JLL arranges nearly $30M in financing for Oak Brook office property

JLL arranged a $29.8 million financing for 2001 York Road, a 184,525-square-foot office asset in Oak Brook, Illinois. JLL worked on behalf of the borrower,…
September 6, 2019

Lodge Financial closes loan for Crystal Lake storage facility

Lodge Financial recently closed on a $7,900,000 construction loan. The financing will go toward a 934-unit self-storage facility in Crystal Lake, Illinois.
August 29, 2019

NorthMarq closes $2 million refinance of Best Buy property in Kentucky

Susan Branscome, senior vice president/managing director of NorthMarq's Cincinnati-based regional office, secured the $2 million refinance of a 20,000-square-foot Best Buy property at 2050 N.…
August 29, 2019
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