finance

JMP OppZone Services launches Opportunity Zone platform

Chicago-based JMP OppZone Services (JMP), a fund services group focused exclusively on financial and administrative support related to Opportunity Zone (OZ) investing, has launched an…

Dougherty closes $1.5 million refinance loan for South Dakota apartments

Dougherty Mortgage recently closed a $5.1 million Fannie Mae loan for the refinancing of Dakota Estates II, a 72-unit market-rate multifamily apartment property in Aberdeen,…

CBRE lines up financing for West Loop office building

CBRE recently represented RDG Funds LLC in the financing of 156 N. Jefferson Street, a class A, loft office building located in Chicago's West Loop.…

JLL arranges $84M refi loan for Sterling Bay development in Fulton Market

JLL Capital Markets successfully arranged a refinancing on behalf of Sterling Bay and institutional investors advised by J.P. Morgan Asset Management for 210 N. Carpenter,…

Old Republic shuffles senior executive ranks

Old Republic International Corporation (ORI) announced several changes in its senior executive ranks effective October 1, 2019. Craig Smiddy, ORI's president and chief operating officer,…

Bernard Financial Group closes $6 million loan for Michigan hotel

Bernard Financial Group closed a $6.1 million loan for an 86-room hotel in Comstock Park, Michigan, in the Grand Rapids metropolitan area.

Columbus’ RED Mortgage Capital adds affordable housing specialist

Columbus, Ohio-based RED Mortgage Capital has hired D. Edward Greene as Chief Underwriter for Affordable Housing. Greene joins RED from Freddie Mac, where he most…

Lodge Financial secures acquisition financing for Chicago multifamily property

Lodge Financial's Matthew Bowker recently closed a $975,000 loan for the acquisition of a 12-unit multifamily property located in the West Rogers Park neighborhood of…

Associated Bank finalizes $5.5M loan for warehouse in McHenry, Illinois

Associated Bank has completed a $5,560,000 bridge loan to Midwest Industrial Funds for acquisition of a 218,000-square-foot industrial warehouse facility at 1301 Ridgeview Drive in…

Berkadia provides $23 million in financing for Michigan apartment complex

Berkadia provided $23.12 million in financing for Ashford Apartments, a garden-style multifamily property in Shelby, Michigan. Senior Managing Directors Colin Callaghan and Peter Benedetto of…

finance

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