finance

MichiganMultifamily

Greystone provides $1.8 million in financing for Detroit-area apartments

Greystone, a real estate lending, investment and advisory company, has provided a $1.8 million Freddie Mac Small Balance Loan to refinance Huron River Apartments in…

MinnesotaFinance

Grandbridge Real Estate Capital provides $7 million loan for Minnesota apartment community

Grandbridge Real Estate Capital recently closed a $7.1 million first mortgage loan secured by a 72-unit apartment community in Moorhead, Minnesota.

MichiganFinance

Bernard Financial Group provides $1.5 million in financing for Michigan apartment community

Bernard Financial Group recently closed a $1.5 million loan for a 24-unit assisted living facility in Clinton Township, Michigan. The borrowing entity is CL Apartments,…

NorthMarq provides acquisition fincancing for Kansas apartments

Kyle Tucker, vice president of NorthMarq Capital's Kansas City regional office, arranged acquisition/rehab financing involving leaders of Lane4 Property Group and Jones Development Company to…

MinnesotaFinance

Grandbridge Real Estate Capital provides $14 million in financing for Minnesota school

Grandbridge Real Estate Capital recently originated a $14.4 million acquisition loan secured by Seven Hills Preparatory Academy in Richfield, Minnesota.

MinnesotaFinance

CBRE adds finance veteran to Minneapolis office

Ted Holmes has joined CBRE Capital Markets’ Debt & Structured Finance team as senior vice president. Based in the firm’s Minneapolis office, Holmes will focus…

Changes to the Cook County Property Tax Ordinance: New incentive affidavit requirements

This past spring, the Cook County Commissioners passed an amendment to the Incentive Ordinance which requires additional disclosure of information and filing of annual affidavits.…

MinnesotaFinance

CBRE provides $2.2 million in aquisition financing for downtown Minneapolis apartments

SRRT Lee, LLC has purchased Lee Lofts Apartments, a 24-unit multifamily complex in Minneapolis' Warehouse District for $3.25 million. CBRE Capital Markets' Debt & Structured…

WisconsinFinance

Associated Bank provides $2.3 million for Green Bay YMCA renovations

The Green Bay, Wisconsin-based Ferguson Family YMCA, previously known as the Downtown YMCA, has undergone a renovation with the support of Associated Bank. Associated recently…

Love Funding provides $16 million for Iowa apartment conversion

Love Funding, a provider of FHA multifamily, affordable and healthcare financing, announced the closing of a $16.2 million loan for the rehabilitation and conversion of…