Finance & Investment - Cincinnati
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MPE Partners Receives Funding to Acquire Cincinnati Apartments
Hunt Mortgage Group secured acquisition financing from Freddie Mac for 170 garden-style units on two parcels totaling about 8.5 acres. The property consists of eight residential buildings plus a leasing office and maintenance building.
14 April 2017 08:22 -
Cincinnati’s Gantry Apartments Earns LEED Silver
Milhaus Development owns the 131-unit green community, which was recognized for its sustainable location and design.
23 January 2017 22:09 -
Fath Properties Obtains $125M Refi for 10-Property Portfolio in Ohio and Texas
Six of the refinanced properties are in the greater Cincinnati/Dayton marketplace and contain 2,065 units. The remaining four properties are located in Texas and consist of 1,273 units.
12 December 2016 08:08 -
NorthMarq Arranges Loan for Cincinnati Student Housing Portfolio
The company negotiated a $4.7 million financing for an 18-property portfolio.
29 November 2016 07:43 -
Historic Cincinnati Building Converted into Senior Community
The 65-unit affordable property offers studio, one- and two-bedroom options.
18 November 2016 15:43 -
Pillar Originates Fannie Mae Loan for Acquisition of Chesapeake Landing
Chesapeake Landing was acquired with the help of $15.4 million in financing.
24 May 2016 11:37 -
NorthMarq Arranges Multifamily Refi
Cincinnati multifamily property receives $3 million refinancing through NorthMarq Capital.
14 January 2016 03:41 -
Cincinnati Streetcar Gets $17.4M in Additional Funding
The Cincinnati Streetcar project is back on track. Last Wednesday, City Council voted to give it a $17.4 million infusion of cash, bringing the total cost of the project to $133 million, from the original $110 million.
01 July 2013 04:01 -
City of Cincinnati Approves Plans for Multimillion-Dollar Developments
Cincinnati City Council approved last Wednesday plans for a 30-story apartment tower at the northwest corner of 4th Street and Race Street in the city’s downtown. The project is expected to cost about $80 million.
17 June 2013 13:44 -
Eagle Hospitality Looks to Sell Hotel Portfolio, Including 3 in Cincinnati
By Adrian Maties, Associate Editor Eagle Hospitality Properties Trust is putting three Greater Cincinnati hotels up for sale. The hotels are part of a larger portfolio of 13 properties for which the company recently reached an agreement with its secured lender, the Blackstone Group, allowing it to sell them off and repay its debt at [...]
24 September 2012 16:12 -
Talbert House to Build 39-Unit Affordable Housing Development in East Price Hill
By Adrian Maties, Associate Editor Talbert House started work on Aug. 9 on the Talbert House Grand Development Initiative, a complete renovation of an apartment building in East Price Hill that will provide affordable housing for people who want to live in a drug- and alcohol-free environment. More than 50 community leaders attended the groundbreaking [...]
20 August 2012 04:30 -
New Owner Plans to Resume Work on Kenwood Towne Place
By Adrian Maties, Associate Editor Phillips Edison Strategic Investment Fund II L.L.C. recently announced it has agreed to buy Kenwood Towne Place from a lending group led by Bank of America. The deal represents the third acquisition for Strategic Investment Fund II. Phillips Edison established the fund to focus on buying and improving large distressed [...]
03 August 2012 05:28 -
$200M Dayton Racino Project Moving Forward
By Adrian Maties, Associate Editor Dayton is one step closer to having its racino. Penn National Gaming Inc. (Nasdaq: PENN) announced on July 2 it wants to relocate Beulah Park in Columbus to Austintown and Raceway Park in Toledo to Dayton. It requested official permission of the Ohio State Racing Commission on June 30. It [...]
19 July 2012 04:04