Bernard Financial closes $28 million loan for Michigan office property
Bernard Financial Group arranged a loan of $28.5 million for a 504,075-square-foot multi-tenant office center in Troy, Michigan.
finance
KeyBank provides $18 million loan for affordable housing in Michigan
KeyBank Real Estate Capital has arranged an $18.1 million Freddie Mac, first mortgage loan for Pebble Creek Apartment Homes, an affordable property located in Southfield,…
Q10|Lutz closes permanent financing for 34-unit apartment building in Michigan
Q10|Lutz Financial Services' Steven Phillip Siegel arranged permanent financing for a 34-unit multifamily property in Warren, Michigan.
KeyBank provides $36 million for Ohio nursing home deal
KeyBank Real Estate Capital has provided Foundations Health Solutions a total of $36.3 million through the FHA 232/223(f) loan program to acquire a four-property portfolio…
Minneapolis office of NorthMarq hires VP
Andy Finn has joined the Minneapolis regional office of NorthMarq Capital as vice president. Finn will be responsible for structuring debt and equity capital for…
KeyBank provides $15 million in financing for Cleveland multifamily project
KeyBank Community Development Lending & Investment provided The Finch Group $15.5 million in total financing to support Glenville Circle North, a major project that is…
Associated Bank provides $29 million loan for Wisconsin mall redevelopment
Associated Bank recently completed a $29.4 million syndicated construction loan for the redevelopment of a former Sears building at Brookfield Square in the Milwaukee suburb…
Origin Investments’ new opportunity zone fund attracts $105M in 17 hours
Chicago-based private equity real estate firm Origin Investments launched a Qualified Opportunity Zone (QOZ) fund on Nov. 14 and amassed $105 million in commitments from…
The fall of RealtyShares: Four lessons learned
The collapse of RealtyShares has sent shock waves through the nascent online real estate syndication industry—colloquially known as real estate “crowdfunding"—but there are both reasons…
KeyBank closes $32 million loan for affordable housing in Minnesota
KeyBank Real Estate Capital arranged a $32.4 million forward committed Freddie Mac Tax Exempt Loan and a taxable tail of $7.1 million for the construction…