Berkadia closes $32 million apartment sale in Michigan
Berkadia recently completed the sale of and secured financing for Hillside Forest, a garden-style multifamily property in Oakland County, Michigan.
finance
NorthMarq closes $17 million refinance for Minneapolis apartment building
Dan Trebil, managing director of NorthMarq's Minneapolis office, arranged the $17.451 million refinance of York Place Apartments, a 114-unit multifamily property in Edina, Minnesota.
Bernard Financial closes $1.2 million loan for Michigan retail center
Bernard Financial Group closed a $1.2 million loan for a 19,180-square-foot anchored retail center in Eastpointe, Michigan.
CBRE St. Louis office hires senior vice president
Michael Duggan has joined CBRE Capital Markets’ Debt & Structured Finance team in St. Louis as a senior vice president, specializing in multifamily lending.
Wool Finance Partners arranges $3.45M in financing for industrial assets
Martin Siegel of Wool Finance Partners has arranged $3.45 million in financing. The two separate transactions were for logistics-related industrial properties along the I-55 corridor.
Dougherty closes $34 million loan for Minneapolis apartment development
Dougherty Mortgage recently closed a $34.2 million HUD 221(d)(4) loan for the new construction of Bassett Creek Apartments, a 139-unit market rate multifamily apartment property…
NorthMarq provides $7 million in financing for Dayton retail center
Noah Juran, senior vice president/senior director of NorthMarq's Cincinnati-based regional office, arranged acquisition financing of $7 million for Southland 75 Shopping Center, a 117,410-square-foot retail…
First-of-its-kind loan fund to benefit Chicago minority small business owners
Related Midwest, Magellan Development, Sterling Bay, Clayco, the Chicago Federation of Labor and Chicagoland Associated General Contractors announced the creation of a program to guarantee…
NorthMarq provides $3.8 million in financing for Missouri preschool
Dan Baker and Jeff Chaney arranged financing of $3.815 million for Little Sunshine's Playhouse, a 9,726-square-foot preschool at 4220 State Highway K in O'Fallon, Missouri.
NorthMarq provides financing for Nebraska business park
Steve Ruff, managing director, and Josh Larsen, vice president, of NorthMarq's Omaha-based regional office collaborated to arrange acquisition financing of $1.45 million for Ralston Business…