Finance L Iowa NorthMarq Capital closes refinancing for two multi-family properties in Iowa Jason Kinnison, senior vice president of NorthMarq Capital's Omaha-based regional office, recently secured the refinancing of two multi-family properties in Iowa. The transactions were for a combined $10.82 million.
Finance i Ohio RED Mortgage Capital provides financing for multi-family project in Ohio RED Mortgage Capital, LLC recently provided an FHA-insured 221(d)(4) mortgage loan for the rehabilitation of Harrisburg Station Apartments in Grove City, Ohio, for Colonial American Development Corporation.
Finance i Ohio RED provides more that $7 million of financing for affordable apartment community in Toledo RED Mortgage Capital and RED Capital Markets have provided a $1.7 million FHA section 221(d)(4) mortgage and $5.5 million tax-exempt bond financing for the Parqwood Apartments in Toledo, Ohio, sponsored by Lucas Metropolitan Housing Authority.
Finance i Ohio Pillar closes $11 million loan for acquisition of 240-unit apartment community in Columbus Pillar has originated an $11.68 million Fannie Mae DUS loan for the acquisition of Citation Club Apartments, a 240-unit multi-family property at 600 Trinity March in Columbus, Ohio.
Finance V Michigan Axilla Capital closes $10 million loan for iconic apartment towers in Detroit Axilla Capital has arranged a $10 million loan to refinance the Parkstone & Parkhurst Apartments in Detroit.
Finance X Missouri HFF closes refinancing for St. Louis' iconic Chase Park Plaza Hotel HFF has secured a refinancing for Chase Park Plaza Hotel, a AAA-rated Four-Diamond 338-key hotel in the Central West End area of St. Louis.
Finance Midwest Walker & Dunlop closes acquisition of Johnson Capital's loan-origination and -servicing platform Walker & Dunlop has completed its previously announced acquisition of Johnson Capital's loan origination and servicing platform. Johnson Capital, formerly one of Walker & Dunlop's largest mortgage banking correspondents, was a leading commercial real estate capital intermediary with direct lender relationships through Freddie Mac, HUD and many life insurance companies.
Finance i Ohio Hunt Mortgage Group opens office in Cleveland, names new director Commercial real estate lender Hunt Mortgage Group has opened a financing office in Cleveland. Daniel Eibler has been named the director of the office.
Finance W Minnesota Minneapolis' Dougherty Mortgage hires new VP of senior housing and health care Ruth Davis has joined Minneapolis' Dougherty Mortgage as vice president of senior housing and health care.
Finance W Minnesota Grandbridge Real Estate Capital closes $5.9 million refinance loan for student-housing building at University of Minnesota Grandbridge Real Estate Capital recently closed a $5.9 million first mortgage loan secured by a 90-bed student housing complex at the University of Minnesota in Minneapolis.
Finance i Ohio KeyBank ready to boost its already strong community development efforts How big of an impact does KeyBank's Community Development Lending divison have on the the markets it serves? Just look at the numbers: Last year, KeyBank provided $2.9 billion in debt and equity financing to developments in underserved communities. This helped finance the construction of more than 119,000 units of affordable housing.
Finance Midwest Auction.com launches financing division Auction.com, LLC, has launched Auction Finance, a new division created to facilitate financing for commercial and residential real estate investors.
Finance W Minnesota Grandbridge Real Estate Capital closes $5.65 million loan for 83-unit apartment community in Minnesota Grandbridge Real Estate Capital recently closed a $5.65 million first mortgage loan secured by an 83-unit apartment complex in Hopkins, Minn.
Finance X Missouri NorthMarq Capital closes $7.4 million refinance of 198-unit multi-family property in Kansas City Greg Duvall, senior vice president/managing director, and Brent Blake, senior vice president, with NorthMarq Capital's Kansas City-based regional office negotiated the $7.4 million refinance of Forest Park Apartments, a 198-unit multi-family property.
Finance X Missouri Clayco makes another big investment in Chicago: Company's Treehouse Adventures supports business start-ups Real estate and design-build company Clayco made big news last year when it moved its headquarters from St. Louis to Chicago. Now the company is again making an impact in its new home city, launching Treehouse Adventures in Chicago, a private investment firm designed to provide financial backing to start-up companies.
Finance Midwest Walker & Dunlop to acquire Johnson Capital Walker & Dunlop has agreed to acquire Johnson Capital's loan origination and servicing platform.
Finance i Ohio Cohen Financial closes $21 million loan for 404-unit apartment property in Ohio Cohen Financial has secured a $21.6 million refinancing for Shoregate Towers, a 404-unit multi-family property located on Lake Erie at 30901 Lake Shore Blvd. in Willowick, Ohio, a suburb of Cleveland. The loan closed in July of 2014.
Finance W Minnesota Minneapolis' Dougherty Mortgage closes $4 million loan for 134-unit apartment community Minneapolis' Dougherty Mortgage recently arranged a $4.2 million Fannie Mae loan for the acquisition of Windsor Village Apartments, a 134-unit market-rate multi-family housing property in San Antonio.
Finance N Illinois CenterLine Capital Group changes name; now known as Hunt Mortgage Group Chicago-based Centerline Capital Group, a provider of real estate mortgage services for affordable and conventional multi-family housing, has been renamed Hunt Mortgage Group, completing the firm’s transition to Hunt Companies, Inc.
Finance X Missouri NorthMarq Capital provides $4.5 million loan for 108-unit apartment complex in Kansas Brent Blake, senior vice president of NorthMarq Capital's Kansas City regional office, secured acquisition/rehab financing of $4.5 million for University Villa Apartments, a 108-unit multi-family property at 3044 Francis St. in Kansas City, Kansas.