Draper & Kramer Commercial Finance Group, Chicago, arranged a $54 million loan on behalf of Vinayaka Hospitality for the acquisition of the Westin Michigan Avenue.
Tag: Dealmaker
Dealmaker: Walker & Dunlop Arranges $153M Across Three-Property Portfolio
Walker & Dunlop, Bethesda, Md., arranged $153.3 million in total loan proceeds to refinance a portfolio of three properties in Denham Springs, La., Tallahassee, Fla., and Indian Trail, N.C.
Dealmaker: Eastern Mortgage Capital Funds $22M for California Multifamily
Eastern Mortgage Capital, Burlington, Mass., provided $21,548,000 in permanent financing for an apartment property in Fresno, Calif.
Dealmaker: Dwight Capital, Dwight Mortgage Trust Finance $272M in Multiple Transactions
Dwight Capital, New York, and its affiliate REIT, Dwight Mortgage Trust, financed $272 million in real estate transactions in October.
Dealmaker: Merchants Capital Secures $152M for Affordable Development in Columbus, Ohio
Merchants Capital, Carmel, Ind., secured $152.3 million in total financing for a 315-unit affordable housing community underway in Columbus, Ohio.
Dealmaker: JLL Secures $53M for Pompano Beach Apartment Community
JLL Capital Markets, Chicago, secured $53.3 million in acquisition financing for Advenir at Lighthouse Point, a 249-unit apartment community in Pompano Beach, Fla.
Dealmaker: Mesa West Capital Originates $69.75M for Charlotte Acquisition
Mesa West Capital, Los Angeles, originated $69.75 million for a Charlotte, N.C. multifamily community.
Dealmaker: Merchants Capital Secures More Than $56M for Affordable Indiana Project
Merchants Capital, Carmel, Ind., announced more than $56 million in total financing for the acquisition and rehabilitation of an affordable housing development called Cumberland Crossing in Fishers, Ind.
Dealmaker: Eastern Union Arranges $34M in Financing Toward Brooklyn Medical Office Acquisition
Eastern Union, Howell, N.J., secured a $33.84 million loan to help finance the purchase of a medical office building in the Borough Park neighborhood of Brooklyn, N.Y.
Dealmaker: M&T Realty Capital Corp. Provides $23M Cash-Out Refinance in Pennsylvania
M&T Realty Capital Corp., Baltimore, announced the closing of a $23.2 million Freddie Mac floating-rate refinance for DLP Kutztown, an apartment community in Maxatawny Township in eastern Pennsylvania.