More than 200 results for “finance”
CRE N Illinois

Patrick J. Kearney joins GlenStar Properties executive team

Patrick J. Kearney has joined GlenStar Properties’ executive team as a principal. Kearney will be an integral part of the leadership team, heading up acquisitions and development for the company. In addition, he will assist with asset management and other strategic corporate initiatives.

Finance N Illinois

PMG secures $30.7 million refi for co-living project, X Chicago

X Social Communities (XSC), a multifamily division of Property Markets Group (PMG), has closed on a $30.7 million loan from NXT Capital to refinance its 99-unit X Chicago project, which opened in June 2018. The loan replaces a construction loan from Principal Financial Group and returns capital to equity investors, including Raven Capital M…

Finance Midwest

Berkadia's Ernie Katai: Multifamily still drawing financing requests

| Dan Rafter

How strong is the multifamily market today? Just ask Ernie Katai, head of production and executive vice president with the Detroit and Chicago offices of Berkadia. He’s seeing a steady stream of financing requests for multifamily purchases and developments. The best news? Katai doesn’t see a slowdown coming in this sector anytime soon.

Finance X Missouri

NorthMarq closes $21 million loan for St. Louis-area mixed-use property

David Garfinkel, senior vice president/managing director of NorthMarq’s St. Louis-based regional office, finalized the $21.8 million construction loan for Whispering Heights, a Class-A market-rate mixed-use property of 153 residential units and 18,700 square feet of retail space at Illinois Route 157 and Enclave Boulevard in Edwardsville, Illinois.

Finance V Michigan

Q10|Lutz provides financing for office property near Detroit

Q10|Lutz Financial Services’ associate Steven Phillip Siegel arranged permanent financing for a 70,000-square-foot office property in Southfield, Michigan. The financing was secured through a Wisconsin-based life insurance company that works exclusively through Q10 Lutz Financial Serves for Michigan-based commercial real estate loans.

Finance Midwest

Associated Bank's Warsek: CRE strong, but evolving, in 2019

| Dan Rafter

Commercial lenders can tell when the commercial real estate market is hot and when it’s heading for a slowdown. And 2019? Greg Warsek, senior vice president and senior regional manager in the Chicago office of Associated Bank, told Midwest Real Estate News that this year should be another strong one when it comes to financing requests and c…

CRE X Missouri

$31 million bond sale paves way for Paragon Star development in Missouri

Paragon Star LLC and the I-470 Western Gateway Transportation Development District have announced the sale of $31.094 million in transportation sales tax revenue bonds to finance construction of new transportation-related improvements in and around the Paragon Star sports and recreation project at the northeast quadrant of Interstate 470 an…

Multifamily N Illinois

Greystar welcomes new managing director of development

Greystar, a rental housing property investment, development and management firm, announced that Yale Dieckmann has joined the company as managing director of development. In his role, Dieckmann will be responsible for managing new development projects and expanding the development team for Greystar in Chicago and throughout the Midwest.

CRE N Illinois

JLL appoints Stephanie Plaines CFO

JLL announced the appointment of Stephanie Plaines as global chief financial officer effective by the end of March. She will report to CEO Christian Ulbrich and join the company's global executive board.