Midwest
DEAL OF THE DAY: Alliant Capital Refinances Two Chicago Properties
Alliant Capital LLC made a $1.6 million refinance of Kedzie Boulevard Apartments,
Cambridge Realty Capital Gets New National Originations Manager
Hymie Barber has been named national originations manager for Chicago-based Cambridge Realty Capital Cos., with responsibility for generating new business and greater awareness of the company’s senior housing/healthcare funding products nationwide.
MARKET REPORT: Moderately Priced Apartments in Minneapolis Continue to Perform Well
While some major metro areas see better performances among higher asset classes, the Twin Cities is experiencing quite the opposite.
We Push Our Rents As Much As We Can
Debbie Vail, regional manager of Dominium Management Services, talks to MHN about the challenges she faces and why she believes a focus on customer service is key to the success of the company.
Illinois Launches Affordable Housing Preservation Initiative
The Illinois Housing Development Authority (IHDA) has launched a statewide initiative to preserve affordable rental homes in Illinois.
Washington University Pre-Med Student Wins Broadway Show Tickets Through ForRent.com Contest
Meghan Wright, a 22 year-old pre-med student at Washington University in St. Louis, Mo. recently entered a contest and won tickets to the RENT Broadway show.
DEAL OF THE DAY: Arbor Closes $4,000,000 Fannie Mae DUS Coop Loan
Topeka, Kansas- Arbor Commercial Funding LLC arranged the funding of a $4,000,000 loan under the Fannie Mae DUS MAH Coop Loan product line for the 200-unit complex known as Fox Ridge Townhouses in Topeka, Kansas.
MARKET SNAPSHOT: Southeast Michigan Shows Some Signs of Recovery
Although it is still struggling to some extent, downtown Detroit has shown some positive signs of slowly bottoming out, especially given the auto industry’s gradual rebound.
Dominium Management Services Hires Debbie Vail
Debbie Vail has been named regional manager of Dominium Management.
DEAL OF THE DAY: Berkadia Originates $24,095,200 in FHA Financing at 4.63% Interest
McHenry, Ill. –Berkadia Commercial Mortgage LLC (Berkadia) originated two permanent, fixed-rate loans totaling $24,095,200 for multifamily properties in McHenry, Ill.