PGIM provides $15 million of loans for Kentucky seniors facilities
PGIM Real Estate Finance recently provided a combined $15.3 million for two Morning Pointe senior communities in Kentucky.
finance
Lodge Financial arranges $7.8M in acquisition, construction financing for Chicago office property
Lodge Financial's Matthew Bowker recently closed a $7,850,000 loan for a repeat client to acquire and rehab a Chicago office property with 100,000 rentable square…
National Equity Fund names Matthew Reilein as president and CEO
National Equity Fund, a syndicator of the low-income housing tax credits (LIHTC) program, announced the appointment of Matthew Reilein as president and CEO, effective June…
Dougherty closes $12 million in financing for Minnesota affordable apartments
Dougherty Mortgage recently closed a $12.8 million HUD 221(d)(4) loan for the acquisition and substantial rehabilitation financing for multifamily development Unity Place in Brooklyn Center,…
American Street Capital provides $5.3M multifamily financing
American Street Capital (ASC) has secured a $5.3 million bridge loan for a 72-unit multifamily complex located in Oak Forest, Illinois. The loan was originated…
Blackstone Hotel rejuvenation in Omaha relies on creative financing
Lever Energy Capital closed $4.6 million in Commercial Property Assessed Clean Energy (C-PACE) financing to revive the century-old Blackstone Hotel in the Blackstone District of…
Berkadia provides $19 million in financing for Ohio retail project
Berkadia recently provided $19 million of financing for Royalton Collection, a retail development in Strongsville, Ohio. The to-be-built property, located at 17800 Royalton Road, will…
NorthMarq closes $4.3 million refinance for Ohio industrial facility
Noah Juran, Senior Vice President/Senior Director of NorthMarq's Cincinnati-based regional office, negotiated the $4.3 million refinance of South Pioneer Industrial, a 131,000-square-foot industrial property at…
Bernard Financial closes $3 million loan for Michigan industrial facility
Bernard Financial Group arranged a $3 million loan for a 110,757-square-foot industrial building in Port Huron, Michigan.
Cadence opens office in Minneapolis
Cadence, a growing capital markets intermediary with a primary focus on raising equity for commercial real estate developers and sponsors, opened a new regional office…