finance

N DakotaFinance

Dougherty Funding closes $25 million loan for commercial properties in North Dakota, South Dakota

The Minneapolis office of Dougherty Funding has closed a $25.225 million loan to refinance a portfolio of five commercial properties in Fargo and Grand Forks,…

MichiganFinance

The State Bank closes financing for pair of apartment buildings in Michigan

The State Bank recently closed the financing of two multifamily projects in Michigan.

MichiganFinance

Greystone provides $1 million loan for Michigan apartment building

Greystone provided a $1 million Freddie Mac small balance loan to refinance Huron River Apartments in Rockwood, Michigan. The transaction was handled by Cary Belovicz,…

MichiganFinance

Bernard Financial Group closes acquisition loan for historic Detroit hotel

Bernard Financial Group recently closed a loan with Bank of Ann Arbor for the acquisition and renovation of the historic St. Regis Hotel in Detroit's…

MidwestFinance

FirstPathway Community Development receives $15 million in New Markets Tax Credits

The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded FirstPathway Community Development $15 million in New Markets Tax Credits (NMTCs). The…

MissouriFinance

NorthMarq provides $20 million of financing for apartment community in St. Louis

David Garfinkel, senior vice president/managing director, and Dan Baker, vice president, of NorthMarq Capital's St. Louis regional office recently arranged construction financing of more than…

MichiganFinance

Greystone provides $72 million in financing for Michigan multifamily communities

Greystone, a real estate lending, investment and advisory company, recently provided $72.5 million in total Fannie Mae DUS® loans to refinance three multifamily properties in…

CBRE closes $50 million loan for KAR Auction Service’s new headquarters in Indianapolis market

CBRE Capital Markets' Debt & Structured Finance team has arranged a more than $50 million construction loan for the development of KAR Auction Services, Inc.'s…

MichiganFinance

Love Funding closes $30 million loan for Michigan multifamily community

Love Funding closed a $20.2 million loan for the construction and permanent financing of Encore at Deerhill, a market-rate multifamily community in Independence Township, Michigan.

WisconsinFinance

Walker & Dunlop closes $80 million loan for Milwaukee office tower

Walker & Dunlop recently structured an $80 million non-recourse loan for 833 East Michigan, a 359,000-square-foot LEED Silver-certified office building in the central business district…