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finance

MichiganFinance

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.
June 10, 2019
TennesseeFinance

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…
June 4, 2019

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…
June 4, 2019

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…
June 3, 2019

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…
May 31, 2019
MidwestFinance

Berkadia’s Cleveland, Boston offices provide $34 million for Rock Island portfolio

Berkadia originated $34.27 million in construction-to-permanent substantial rehabilitation financing for the Rock Island Portfolio, two properties in Rock Island, Illinois, with 100 percent of the…
May 31, 2019

For tax-saving opportunities, don’t overlook the 1031 exchange

Real estate investors looking to defer capital gains taxes got a new tool recently in Opportunity Zones. But a tax deferral method already exists and…
Matt Baker May 28, 2019
MichiganFinance

Bernard Financial closes $7 million loan for pair of industrial properties

Bernard Financial Group arranged a $7.35 million loan for two industrial buildings totaling 197,950 square feet in Plymouth, Michigan.
May 28, 2019
MichiganFinance

Bernard Financial provides $5.5 million loan for Novi medical center

Bernard Financial Group closed a $5.5 million loan for a 36,338-square-foot multi-tenant medical center in Novi, Michigan.
May 17, 2019
MinnesotaFinance

Associated Bank provides financing for Minnesota apartment renovation

The acquisition and rehabilitation of The Hylands II, an apartment complex in Rochester, Minnesota, will begin this month following the closing of a $6.2 million…
May 16, 2019
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