finance

Grandbridge closes $5 million loan for pair of retail properties in Minnesota

Grandbridge Real Estate Capital recently closed a $5.5 million first mortgage loan secured by two single-tenant retail buildings in Waite Park, Minnesota.

Walker & Dunlop playing key role in Freddie Mac affordable-housing program

Walker & Dunlop, Inc. has been approved as a seller/servicer under Freddie Mac's Affordable Single-Family Rental pilot program, which is intended to offer additional financing…

Redwood Living, RED Mortgage Capital celebrate milestone

Redwood Living and RED Mortgage Capital are celebrating a milestone in their relationship by surpassing $700 million in total financing.

Rose Community Capital secures $16 million loan for Cleveland apartments

Rose Community Capital has secured a more than $16.1 million Section 221(d)4 Substantial Rehab loan for Fenway Manor, a 143-unit affordable housing project in Cleveland,…

Columbia Pacific Advisors provides $25 million for Cincinnati affordable housing

Columbia Pacific Advisors, LLC through its bridge-lending platform has provided Blue Tide Partners with $25 million in short-term first-mortgage debt primarily for the acquisition of…

Kansas City office of NorthMarq hires new vice president

John Duvall will join the Kansas City production team at NorthMarq Capital as vice president.

NorthMarq provides $8 million in financing for Iowa student housing project

Jason Kinnison, senior vice president of NorthMarq Capital's Omaha, Nebraska, regional office, arranged acquisition financing of $8.25 million for South Campus Properties in Ames, Iowa.

Arbor provides $10 million in funding for Michigan apartment building

Arbor Realty Trust, Inc. recently funded a bridge loan of more than $10.6 million for a 266-until multifamily property in Roseville, Michigan.

Akerman survey: Commercial execs still love multifamily

Real estate executives still consider multifamily the strongest commercial asset class. They're also confident that foreign capital will continue flowing into commmercial real estate across…

Bernard Financial originates $14 million apartment loan in Michigan

Bernard Financial Group closed a $14.5 million loan for a 374-unit multifamily property in Oak Park, Michigan.

finance

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