finance

Lodge Financial arranges $12M for River North office property

Skokie, Illinois-based Lodge Financial has arranged $12,000,000 to refinance a 48,000-square-foot office property located at 435 N. LaSalle Street in Chicago. The loan comes with…

NorthMarq adds multifamily investment sales division in Kansas City

NorthMarq Capital has added a multifamily investment sales division in its Kansas City regional office. Jeff Lamott has joined the organization as senior vice president-NorthMarq…

Berkadia provides $37 million in financing for Cleveland redevelopment

Berkadia provided $37.9 million in financing for The Euclid Grand, a mixed-use historic redevelopment in downtown Cleveland that will feature 239 apartment units, 196 parking…

Greystone provides $15 million in financing for Ohio seniors facilities

Greystone has provided $15 million in bridge financing for the acquisition of two skilled nursing facilities in Youngstown, Ohio. The loan was originated by Fred…

Fannie Mae names interim chief executive officer

Fannie Mae has appointed Hugh Frater as interim chief executive officer. Frater’s appointment will be effective on Oct. 16. He will succeed Timothy Mayopoulos, who…

Navigating the evolving world of commercial finance

The companies that provide commercial financing remain busy today, with developers, owners and buyers seeking the money they need to build warehouses, transform office buildings…

St. Louis’ ElmTree names CFO

Kerry Gawrych has been promoted to the role of chief financial officer at ElmTree Funds, LLC, a real estate private equity firm. In this role,…

KeyBank provides $6 million in financing for historic Cleveland building

KeyBank Community Development Lending & Investment has provided $6 million in construction financing to Woda Cooper Communities for the acquisition and substantial rehabilitation of the…

NorthMarq provides financing for 296-unit apartment complex in Indianapolis

Noah Juran, senior vice president at NorthMarq Capital's Cincinnati regional office, arranged acquisition financing of $7.25 million for Postbrook East Apartments, a 296-unit multifamily property…

NorthMarq closes $14 million loan for Cincinnati mixed-use property

Susan Branscome, senior vice president/managing director of NorthMarq Capital's Cincinnati regional office, arranged financing of $14.9 million for Linden Pointe, a 120,759-square-foot mixed-use property at…

finance

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