City: Detroit

Berkadia has provided $35.2 million of Freddie Mac financing against the 394-unit Lake Village Apartments in Lake Orion, Mich., a northern suburb of Detroit. The 10-year loan allowed the property's owner, Fenton Management Co. of Farmington Hills, Mich., to refinance ...

PCCP has provided $180.5 million of senior mortgage financing against the 2.1 million-square-foot Oakland Park industrial complex in the Detroit suburb of Highland Park, Mich. The loan allowed the 10-building property's owner, a venture of Boston-based companies AEW Capital Management ...

Huntington Tower, a 203,000-square-foot office property in downtown Detroit, was sold for $156 million, or $768.47/sf, in a deal arranged by Colliers. The 21-story building, at 2025 Woodward Ave., was sold by Herrick Co. of Cedar Knoll, N.J., which purchased ...

OakNorth Bank and Bravo Property Trust have provided $42 million of financing against a pair of assisted-living properties with a total of 177 units in suburban Detroit and Chesapeake, Va. OakNorth, an online bank based in the United Kingdom, moved into ...

Bellco Credit Union has committed to provide up to $38.5 million of mortgage financing against the 479-unit Warren Manor Apartments in the Detroit suburb of Warren, Mich. The loan, arranged by Eastern Union, allowed the property's owner, a Brooklyn, N.Y., ...

The investor group that owns the 2.15 million-square-foot Southfield Town Center in the Detroit suburb of Southfield, Mich., has negotiated an extension of the office property's $118.93 million mortgage, which had matured last May.

Dwight Mortgage Trust has provided $88.5 million of financing to facilitate Pepper Pike Capital Partners' purchase of the 1,046-unit Waverly on the Lake apartment property along Belleville Lake in suburban Detroit. The price Pepper Pike, of Orange Village, Ohio, paid ...

Commercial Property Executive A Delaware Statutory Trust sponsored by Four Springs has paid $139.5 million, or $126.82/sf, for the 1.1 million-square-foot industrial property at 14741 Laplaisance Road in Monroe, Mich. InSite Real Estate of Murray, Utah, was the seller. Colliers ...

Dwight Mortgage Trust has provided $51.3 million of financing against the 624-unit Southgate Apartments in the Detroit suburb of Southgate, Mich. The bridge loan allowed the property's owner, Pepper Pike Capital Partners of Orange Village, Ohio, to retire existing debt ...