finance

CBRE closes $8.75 million loan to refinance Kansas City’s Westport Commons

CBRE recently closed an $8.75 million loan to refinance Westport Commons in Kansas City, Missouri. Bank financing was sourced by John Perlik and Don Coleman…

Multifamily financing requests slowing? Not this year

The multifamily market across the Midwest is still soaring. Last year, developers added more apartment units to Midwest markets than ever.

CBRE provides $1.5 million loan for multifamily property in Indianapolis

CBRE has structured a $1.57 million loan to refinance the Monon Station Apartments in Indianapolis. A Freddie Mac Small Business Loan was obtained by Dan…

Bernard Financial closes $3.1 million loan for Michigan office building

Bernard Financial Group recently arranged a $3.1 million loan for a 79,111-square-foot multi-tenant office building in Southgate, Michigan.

Columbus’ RED Mortgage Capital names senior managing director

Scott Croul has been named Senior Managing Director and Head of Small Balance Originations for Columbus, Ohio-based RED Mortgage Capital, LLC.

Baker Tilly Capital provides $1.5 million PACE loan for Madison hotel project

Baker Tilly Capital, LLC, a boutique investment bank, recently sourced a $1.5 million Property Assessed Clean Energy (PACE) loan to help turn a vacant warehouse…

Grand Rapids office of Cohen Financial arranges $6.3 million in financing for Midwest projects

Cathy Bronkema, managing director in the Grand Rapids, Michigan, office of Cohen Financial, arranged a total of $6.32 million in long-term debt financing with a…

4th Annual Net Lease Summit

Join Midwest Real Estate News and RE Journals on July 26 for the 4th Annual Net Lease Summit.

Evans Senior Investments sells $41 million seniors housing portfolio in Michigan

Evans Senior Investments successfully represented the sale of five skilled nursing facilities in Western Michigan for $41.25 million or $99,000 a bed in a sale-leaseback…

Arbor provides $4.4 million acquisition loan for Knoxville apartment community

Arbor Realty Trust, Inc. recently funded a Fannie Mae DUS® loan of more than $4.4 million in Knoxville, Tennessee, for Sunset Rill Apartments.

finance

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