Cohen Financial arranges $11.25M in financing for two apartment properties

June 29, 2011 Cohen Financial has arranged a total of $11.25 million refinancing for two apartment properties located in the Lincoln Park neighborhood of Chicago. Read more...

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Beech Street Capital provides $9.25M to finance 166-unit apartment complex

June 28, 2011 Beech Street Capital, LLC announced today that it has provided a $9.25 million Fannie Mae Conventional loan to acquire Quail Run Apartments. The 166-unit property is located in Zionsville, Indiana, part of the Indianapolis MSA. Read more...

Midwest Real Estate News Comments (1)

CMBS Delinquency rate retreats from April’s record high

June 01, 2011 The U.S. CMBS delinquency rate fell slightly in May with the percentage of loans 30+ days delinquent, in foreclosure or REO declining 5 basis points to 9.60 percent, according to Trepp LLC’s May 2011 U.S. CMBS Delinquency Report. Read more...

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BB&T increases lending portfolio capacity to $800M

May 25, 2011 BB&T Real Estate Funding has increased its portfolio capacity from $400 million to $800 million. This will allow the firm to expand its lending capabilities through Grandbridge Real Estate Capital. Read more...

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Grandbridge secures $4.8 million loan for Wisconsin multi-family building

April 18, 2011 Grandbridge Real Estate Capital recently originated and closed a $4.8 million first mortgage loan secured by Riverwalk Apartments, a 136-unit residential community located on the Fox River near downtown Waukesha, Wis. Read more...

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U.S. CMBS Delinquency Rate worsens in March

April 05, 2011 The U.S. CMBS delinquency rate rose again in March with the percentage of loans 30+ days delinquent, in foreclosure or REO climbing 3 basis points to 9.42 percent, the highest in history for U.S. commercial real estate loans in CMBS. Read more...

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

Cohen Financial secures $4M financing for industrial firm

April 05, 2011 Cohen Financial has arranged a $4 million refinancing of an industrial corporate headquarters building located at 4215 Campus Drive in Aurora, Ill. The property totals 46,986 square-feet and houses office, laboratory and warehouse space. Read more...

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Equity Capital Management to Sell up to $625 Million of Net Lease Assets

March 17, 2011 Equity Capital Management (ECM), a commercial real estate company focused on the net lease and sale leaseback sector, announced that it has signed definitive agreements to sell up to $625 million of single tenant office, industrial, and retail properties under long term net lease agreements. Read more...

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The Future of Debt – How Quickly We Are Back! Liquidity returns.

March 16, 2011 Today’s buzz-words are “Cash Flow”, “Income in Place”, and “Lease rollover”. Virtually all lenders have returned to the market. Life Insurance Companies, Banks, CMBS (no longer called Conduits) and many public and private Funds are providing capital to real estate, post recession. This is a clear sign that we bottomed out in 2009-10 and the future is bright. Read more...

Home Column, IREJ Column Comments (1)

Cohen Financial secures $23M financing for industrial portfolio

December 30, 2010 Cohen Financial, a national real estate capital services firm, has assisted Bristol Group, Inc. in securing a loan totaling $23 million in refinancing for a portfolio of “Class A” industrial properties located in Bristol Group’s recently developed Wood Hill Crossings Business Park. Read more...

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