finance

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…

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…

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.

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.

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…

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,…

finance

Subscribe