Those new FHA condo regs have wide-reaching implications This past October, the Federal Housing Administration (FHA) enacted long-expected changes to the regulations governing condominium purchases. While these amendments will hopefully ease more prospective…
Solving the housing attainability crisis The “American Dream" as we have known it is no longer part of the American success story. With a shortage of six million homes to…
IECA closes first Commercial PACE financing deal in Kane County The Illinois Energy Conservation Authority NFP (IECA) announces, on behalf of the Kane Energy Efficiency Program (KEEP), that on November 4, 2019, it closed a…
Capital availability may be drying up for select industrial products Industrial has been so sturdy for so long that it's hard to remember a time when the asset class wasn't the darling of commercial real…
OhioFinance KeyBank provides $87 million for affordable housing in Cincinnati KeyBank has provided $87 million in financing to Related Companies for the acquisition and rehabilitation of Avondale Properties and Alms Hill Apartments in Cincinnati. The…
Meridian Capital arranges $6.3M in financing for Skokie’s Fairway Executive Building Meridian Capital Group arranged $6.3 million in financing to refinance the Fairway Executive Building, a four-story, 64,000-square-foot office property in Skokie, Illinois. The 10-year CMBS loan…
Lodge Financial arranges $5.6M in financing for two separate Chicago MSA properties Lodge Financial arranged financing for two separate transactions in the Chicago area. A $3,750,000 loan will go toward the refinancing of a 33,500-square-foot land parcel…
Finding opportunities for commercial real estate financing Developers trying to analyze which projects are more apt to receive financing, take heart. There are opportunities in all asset classes and in all markets.…
Capital One provides more than $7 million for seniors housing refinance in Indiana Capital One has provided a $7.6 million fixed-rate HUD 232/223(f) loan to refinance Senior Suites at Leland, a 109-bed assisted living facility in Richmond, Indiana.…
MichiganFinance Cohen Financial, Pillar close loans for pair of seniors housing facilities in Michigan Cohen Financial, a division of SunTrust Bank and a national real estate capital services firm, announced today that Cathy Bronkema, Managing Director in the Grand…