More than 200 results for “financing”
Finance X Missouri

Berkadia sells 408-unit multifamily property in Kansas City

Berkadia closed the sale of The Kings, a 408-unit garden-style multifamily property in Kansas City, Missouri. Senior Managing Director Alex Blagojevich of Berkadia’s Chicago office, along with Senior Director Michael Sullivan and Director Brett Meinzer of Berkadia’s Kansas City, Missouri, office completed the sale.

Multifamily i Ohio

Berkadia closes $67 million loan for Cleveland apartment community

Berkadia closed $67.56 million in secured financing for Centric Apartments, a multifamily property with more than 28,000 square feet of commercial space in the University Circle neighborhood of Cleveland, Ohio. Director Dan Geuther of Berkadia’s Cleveland office secured the permanent refinancing through Freddie Mac on behalf of Ohio-based M…

Finance Midwest

Financing the new kids on the block: Co-living, cannabis and workforce housing

| Matthew Wurtzebach

As 2019 draws to a close, investor interest is growing in several emerging assets, including co-living, workforce housing and cannabis tenants. Matt Wurtzebach, senior vice president in the Commercial Finance Group at national real estate services firm Draper and Kramer, Incorporated, shared his thoughts with Midwest Real Estate News about …

Office N Illinois

Chicago a top target for tech expansion

| Matt Baker

In the past year, technology firms accounted for more than 4 million square feet of occupancy in the Chicago CBD. With new tech job creation happening every year, the city is fast becoming a hub for West Coast firms seeking cheaper space.

Finance N Illinois

Mag Mile Capital completes $12.5M bank loan for R&R Global Partners

Mag Mile Capital closed a $12,500,000, seven-year, fixed-rate, 73 percent LTV, limited-recourse loan on behalf of Bryan Rishforth and Philadelphia-based firm, R&R Global Partners. Located in the near northwest suburb of Lincolnwood, Illinois at 6850 McCormick Boulevard, the subject property is anchored by Walmart’s new online grocery and co…

Finance N Illinois

IECA closes Illinois' first Commercial PACE financing deal

The Illinois Energy Conservation Authority NFP (IECA) closed the first commercial Property Assessed Clean Energy (C-PACE) financing deal in Illinois on August 30, 2019, totaling $318,000. This transaction, which will fund a roof replacement and solar photovoltaic (PV) system in Wood Dale, Illinois, also marks the first solar C-PACE financed…

CRE N Illinois

CRE Future Leaders: Frank Montalto

| Matt Baker

As a director with Marcus & Millichap Capital Corporation, Frank Montalto is responsible for securing commercial debt financing for an array of property types including multifamily, office and industrial, retail, seniors housing and hospitality. He is well connected with national, regional and local funding sources.

Multifamily L Iowa

Berkadia sells four-property apartment portfolio in Iowa

Berkadia closed the combined sale of a portfolio of four multifamily properties in Davenport, Iowa. Director Parker Stewart and Senior Managing Director Alex Blagojevich of Berkadia’s Chicago office, along with Senior Director Michael Sullivan of Berkadia’s Kansas City office, together completed the sale on behalf of the seller, Iowa-based …