Archive | October, 2011

Red Mortgage Capital provides permanent financing for three assisted-living communities in Ohio

October 31, 2011 Columbus, Ohio-based Red Mortgage Capital, LLC provided permanent financing for three assisted-living senior communities in north-central Ohio. To do this, the company used FHA Section 232/223(f) mortgage insurance and Ginnie Mae Mortgage Backed Securities. Read more...

Midwest Real Estate News, News Comments (2)

Duke Realty breaks ground on $11-million medical office building in Michigan

October 31, 2011 Commercial real estate developer Duke Realty and Marquette General Health System broke ground in early September for a 43,145-square-foot $11-million medical office building in Escanaba, Mich. Read more...

Midwest Real Estate News, News Comments (1)

Duke purchases nine-building industrial portfolio

October 31, 2011 Duke Realty Corporation’s Chicago office has announced that the company recently acquired a nine-building industrial portfolio totaling 1,787,746 square feet, with 84 percent or 1,498,449 square feet in eight buildings in Chicago-area submarkets. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal, Midwest Real Estate News Comments (0)

David Frantze: Guiding clients through uncertain economic times

October 30, 2011 Like all real estate professionals, David Frantze, co-chair of the real estate division at Kansas City-based law firm Stinson Morrison Hecker, is dealing with an uncertain economy. Frantze, though, is doing his best to help his commercial real estate clients navigate through these challenging times. Read more...

Uncategorized Comments (0)

Englewood constructs award-winning blog

October 28, 2011 William Di Santo may joke about his less-than-stellar prowess with a computer, but this 30-year construction veteran gets the last laugh as he can now claim the legitimate title of “award-winning” blogger. Read more...

Illinois Real Estate Journal Comments (1)

Indiana’s The Zacher Company negotiates both sides of Fort Wayne industrial lease

October 28, 2011 Mullinix Packages, Inc. recently leased 90,000 square feet in an industrial building located at 6916 Nelson Road in Fort Wayne, Ind. Read more...

Midwest Real Estate News, News Comments (3)

Milwaukee office of Grandbridge provides financing for acquisition of two Chicago office buildings

October 28, 2011 Grandbridge Real Estate Capital, from its Milwaukee office, recently originated and closed debt and equity financing for the acquisition of two adjacent office buildings in the Chicago suburb of St. Charles, Ill. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, News Comments (1)

Universal Beauty Purchases Glendale Heights Warehouse

October 27, 2011 Universal Beauty Products, the private label manufacturer of health and personal care products, has purchased a 221,104-square-foot industrial facility in Glendale Heights, Ill. The warehouse, located at 500 Wall Street, is situated on 9.45 acres and includes 35,772 square feet of office space, 16 interior docks, two drive-in doors and parking for 170 cars. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal Comments (2)

Arbor closes nine loans across the country, several in Midwest

October 27, 2011 Arbor Commercial Funding recently closed nine loans totaling more than $31 million across the United States. Read more...

Illinois Real Estate Journal, Midwest Real Estate News, News Comments (0)

Michigan office of Colliers coordinates sale of athletic center

October 27, 2011 The Southfield, Mich., office of Colliers International recently sold a 24,000-square-foot athletic center in Pontiac, Mich. Read more...

Midwest Real Estate News, News Comments (0)