finance

Dougherty provides $16 million loan for affordable apartments in Minnesota

The Minneapolis office of Dougherty Mortgage recently closed a $16.1 million HUD 221(d)(4) loan for the new construction of Eastgage Apartments, a 135-unit multifamily affordable…

Ann Arbor’s Old National Bank grows roster

Ann Arbor, Michigan-based Old National Bank added Kevin Davis to its roster as vice president and commercial relationship manager.

Bellwether closes $93 million refinancing for high-end apartments in Cleveland

Bellwether Enterprise Real Estate Capital LLC closed a $93 million refinancing loan for the Flats at East Bank Apartments, a luxury multifamily and mixed-use retail…

Arbor provides $16 million refinance loan for 541-unit KC manufactured community

Arbor Realty Trust recently funded a Freddie Mac conventional loan in Kansas City, Missouri, for Lakeview Terrace, a 541-unit manufactured property.

Bamboo Equity Partners hires director of capital markets

Brady Gehring recently joined Creve Coeur, Missouri-based Bamboo Equity Partners as director of capital markets.

Midwest Commercial Real Estate Hall of Fame: Berkadia’s Ralph DePasquale

Each year, Midwest Real Estate News runs its Commercial Real Estate Hall of Fame issue, highlighting the careers of the most successful CRE pros in…

Ann Arbor’s Old National Bank promotes financing veteran

Ann Arbor, Michigan-based Old National Bank has promoted Stacy Fuqua to the role of private banker, VP.

CBRE names chief accounting officer

CBRE Group, Inc. appointed Dara Bazzano as the company’s chief accounting officer. She will lead CBRE’s finance operations globally and have responsibility for all internal…

Bernard closes $8 million loan for Detroit-area industrial building

Bernard Financial Group closed an $8.75 million loan for a 125,050-square-foot engineering building in Auburn Hills, Michigan.

KeyBank provides $24 million loan for Detroit parking garage

KeyBank Real Estate Capital has provided a $24 million CMBS first mortgage loan for Port Atwater Parking Garage in Detroit, Michigan.

finance

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