finance

MichiganFinance

Bernard Financial closes $1.4 million loan for healthcare facility in Michigan

Bernard Financial Group closed a $1.4 million loan for a healthcare faclity in Southgate, Michigan. The borrower is Southgate Retail Management II, LLC.

PMG secures $30.7 million refi for co-living project, X Chicago

X Social Communities (XSC), a multifamily division of Property Markets Group (PMG), has closed on a $30.7 million loan from NXT Capital to refinance its…

MidwestFinance

Berkadia’s Ernie Katai: Multifamily still drawing financing requests

How strong is the multifamily market today? Just ask Ernie Katai, head of production and executive vice president with the Detroit and Chicago offices of…

NorthMarq closes $5.7 million refinance for Kentucky self-storage property

Susan Branscome, senior vice president/managing director of NorthMarq's Cincinnati-based regional office, secured the $5.7 million refinance of Wilder Storage, a 610-unit self-storage property at 91-105…

MissouriFinance

NorthMarq closes $21 million loan for St. Louis-area mixed-use property

David Garfinkel, senior vice president/managing director of NorthMarq's St. Louis-based regional office, finalized the $21.8 million construction loan for Whispering Heights, a Class-A market-rate mixed-use…

MidwestFinance

Associated Bank’s Warsek: CRE strong, but evolving, in 2019

Commercial lenders can tell when the commercial real estate market is hot and when it's heading for a slowdown. And 2019? Greg Warsek, senior vice…

MichiganFinance

Q10|Lutz provides financing for office property near Detroit

Q10|Lutz Financial Services' associate Steven Phillip Siegel arranged permanent financing for a 70,000-square-foot office property in Southfield, Michigan. The financing was secured through a Wisconsin-based…

Maverick closes $7 million bridge loan for offices near Purdue University

Maverick Commercial Mortgage closed a $7.075 million bridge loan for the International Technology Center in West Lafayette, Indiana.

WisconsinFinance

Bernard Financial closes $22 million loan for Wisconsin retail center

Bernard Financial Group closed a $22 million loan for a 331,541-square-foot retail center in Waukesha, Wisconsin.

WisconsinFinance

Love Funding closes $15 million loan for Pabst rehab in Milwaukee

Love Funding closed a $15 million bridge loan for the substantial rehabilitation and mini-permanent financing of Brewery Lofts, a market-rate community in Milwaukee.