Midwest

Oak Grove Capital Provides $55.64M For Three Minn. Communities

Oak Grove Capital recently originated three HUD 223(f) loans totaling $55.64 million to refinance three multifamily communities in the Twin Cities area of Minnesota.

Crowning Touch for Chicago High-Rise Apartment Project

The 42-story luxury high-rise apartment community 73 East Lake, under construction in Chicago’s Loop, has been topped off. The announcement was made by the developer, Chicago-based M&R Developmen

Supportive Housing Development Opens in Chicago Suburb

Myers Place, a supportive housing development in northwest suburban Chicago, has been completed.

The Grant Given its Grand Opening in Chicago’s South Loop

The Grant, the redesigned, repositioned Chicago condominium from Related Midwest, recently celebrated its grand opening.

SVN|Crossroads Property Management Taps Kirsten Helma as New COO

Sperry Van Ness International Corporation (SVNIC), a commercial real estate services franchisor, announced that Kirsten Helma has joined SVN|Crossroads in Schaumburg and Chicago as its chief operating officer.

Arbor Appoints Jack Boudler as Vice President, Seniors Housing & Healthcare Origination

Arbor Commercial Mortgage LLC announced the appointment of Jack Boudler as vice president, seniors housing and healthcare origination.

Suburban Chicago Multifamily Obtains $8.5M in Financing

Hawthorn Ridge Apartments, a multifamily community in Woodridge, Ill., has obtained an $8.5 million Section 223(f) loan. Naftali Schuss, an originator in Greystone’s New York office, arranged the financing.

Karen Pribnow, Long-Time leader of NorthMarq’s Servicing Business, Announces Retirement

NorthMarq’s leader of its loan servicing business, Karen Pribnow, has announced her retirement at the end of 2013 after 40 years with the company.

Related Midwest Redesigns Luxury Chicago Condo Community

Related Midwest recently announced that it has completed the redesign of The Grant, a condo community that is part of the South Loop Luxury by Related collection in Chicago.

Seniors Housing Development Nears Completion in Metro Cleveland

Work is nearly complete on Emeritus at Newell Creek, a seniors housing property in Mentor, Ohio.