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MINNEAPOLIS, MN - Frank Hogan of the Minneapolis office of Colliers Mortgage closed a $3.24 million HUD loan for the 223(f) refinance of Ewing Square Townhomes in Brooklyn Center, Minnesota. The 23-unit affordable property features three- and four-bedroom townhome units all covered by a Project-Based Section 8 HAP Contract. Project amenities include a playground and clubhouse/leasing office with a business center. The loan carries a 35-year term/amortization and was arranged for borrower,...

MINNEAPOLIS, MN - The Minneapolis office of Colliers Mortgage closed a $18.3 million HUD 221(d)(4) loan for the substantial rehabilitation of Sherman Forbes Housing in St. Paul, Minnesota. The 104-unit, Section 8 multifamily property features one-bedroom and two-bedroom apartment units. Project amenities include on-site laundry, off-street parking, community playground, community patio, and a leasing office. In addition to the HUD-insured first mortgage, the project will utilize 4% Low Income...

A Tri-Cities Redditor wondered if month-to-month leases are a sign that they’ll have to move.

NEW YORK, June 30, 2023 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $16,497,000 in...

When you think about rich zip codes in Montana, the smaller foo-foo ski towns or lake towns might spring to mind first. Depending on what measure of wealth we use, you might actually be right. But in this instance, the question was specific and didn't have to deal with accumulated wealth or real estate holdings.