finance

Bernard Financial Group provides $4 million in financing for Farmington Hills office property

Bernard Financial Group arranged a $4 million permanent life insurance company loan for a 89,691-square-foot office Property in Farmington Hills, Michigan. The borrower is HRFG…

Carmel’s Merchants Capital names EVP of credit and operations

Carmel, Indiana-based financial services provider Merchants Capital appointed Naureen Dhanani as Executive Vice President of Credit and Operations, a newly established role reporting directly to the president and chief executive…

JLL Capital Markets provides $55.62 million in financing for 188-unit housing development in Eden Prairie

 JLL Capital Markets secured joint venture equity and construction financing totaling $55.62 million for The Fox and The Grouse Phase II, a 188-unit multi-housing development in…

CBRE closes $25.54 million refinance loan for Minnesota multifamily community

CBRE secured a $25.54 million loan to refinance Aery, a 147-unit, Class-A multifamily community in Hermantown, Minnesota. CBRE’s Billy Mork, Mike Vannelli and Joel Torborg of CBRE Capital Markets’ Debt…

JLL Capital Markets provides more than $32 million in financing for industrial facility in Taylor

JLL Capital Markets arranged $32.175 million in acquisition financing for a newly constructed 183,340-square-foot Class A rail-served industrial facility in Taylor, Texas. JLL worked on behalf…

Gantry secures $11.5 million loan for acquisition of 200-unit multifamily property in Kansas City

Gantry secured an $11.5 million loan for the acquisition of The Life at Highland Village apartment complex at 8619 E. 61 Terrace in Kansas City,…

Walker & Dunlop provides $105 million to refinance 356-unit high-rise property in Nashville

Walker & Dunlop, Inc. arranged $105 million in loan proceeds to refinance 805 Lea, a 356-unit, Class-A high-rise mixed-use property in Nashville, Tennessee. Walker & Dunlop’s…

CBRE provides $17.35 million construction loan for development of 240,041-square-foot industrial facility in Houston market

CBRE has arranged a $17.35 million construction loan on behalf of Constellation Real Estate Partners and their partner, a large insurance company, for the development…

Detroit’s District Capital closes acquisition loan for 225,000-square-foot industrial warehouse

Dave Dismondy with Detroit's District Capital closed an acquisition loan on a 225,000-square-foot industrial warehouse in the Midwest. The asset is leased to a non-credit…

Cautious capital, creative stacks: Chicago CRE financing adapts

In a market defined by high interest rates, cautious banks and shifting underwriting standards, Chicago’s commercial real estate developers are still getting deals done, but…

finance

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