Marcus & Millichap pro named lender for The Standard
The Indianapolis office of Marcus & Millichap Capital Corp. announced that Standard Insurance Co. (The Standard) has appointed Alec Neesham of MMCC as its correspondent…
finance
NorthMarq closes $5 million refinance of key Cincinnati apartment tower
Noah Juran, senior vice president/senior director of NorthMarq's Cincinnati-based regional office, arranged the $5 million refinance of Lytle Tower, a 115-unit multifamily property at 405…
Friedman provides financing for mixed-use building in Detroit
Friedman Finance recently arranged a loan secured by a 14,000-square-foot mixed-use building in Detroit.
Associated Bank provides financing for seniors housing in Madison
Associated Bank completed $4.7 million in new-construction financing and the placement of $6.2 million in low-income-housing tax-credit equity for Point Place Senior Apartments at 7945…
Dougherty closes $42 million loan for Minnesota apartment community
Dougherty Mortgage recently closed a $42 million Fannie Mae loan for the refinancing of Loden SV, a 206-unit four-story market-rate multifamily apartment property in Shoreview,…
Bernard Financial closes $2 million loan for Lansing apartment building
Bernard Financial Group has arranged a $2 million loan for a 108-unit multifamily property located in Lansing, Michigan.
Mag Mile Capital closes $12 million for Holiday Inn in Nashville market
Mag Mile Capital senior vice president Francisco Nacorda has completed a $12.6 million non-recourse CMBS loan on behalf of Milhap Hotels, an affiliate of Triumph…
HFF arranges $171M financing for North Harbor Tower in Chicago’s Lakeshore East
Holliday Fenoglio Fowler, L.P. (HFF) arranged $171.2 million in financing for North Harbor Tower, a 600-unit, high-rise apartment building in Chicago's Lakeshore East neighborhood. HFF…
Lodge Financial arranges over $2.5M in financing for two Chicago properties
Lodge Financial recently closed $2,560,000 in loans for two Chicago properties. The buildings are both multifamily properties, one in the North Side neighborhood of West…
Berkadia secures $34M in HUD rehab financing for multifamily portfolio
Berkadia announced the origination of $34.27 million in construction-to-permanent substantial rehabilitation financing for a two-property portfolio in Rock Island, Illinois, where 100 percent of the…