Dougherty Mortgage recently closed a $24.8 million Fannie Mae loan for the refinancing of Shoregate Towers, a 404-unit market-rate multifamily apartment property in Willowick, Ohio.
The year is ending with good news for apartment owners and investors: National median one-bedroom rents hit their highest level of the year in December.
Grandbridge Real Estate Capital recently closed a $43.5 million first mortgage secured by Highline at Nine Apartments, a 188,757-square-foot multifamily/student housing/retail property in Columbus, Ohio.
The Cooper Commercial Investment Group recently closed the sale of the Goodwill-anchored Middleburg Crossing retail center in Middleburg Heights, Ohio.
Jeremy Kraus, Tim Schenke and Doug Whitten, professionals from CBRE’s industrial and logistics real estate services department, were recently promoted to senior vice president.
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