City: Grand Rapids

Multi-Housing News Magnus Capital Partners has secured $90.8 million of financing for the 200-unit third phase of the HōM Flats at 28 West apartment development in Wyoming, Mich., which is about five miles south of Grand Rapids, Mich. The debt ...

Walker & Dunlop has provided $25.48 million of Fannie Mae financing against the River Birch Apartments in the Grand Rapids, Mich., suburb of Caledonia, Mich. The 10-year loan requires only interest payments for the first five years, then amortizes on ...

Crain's Chicago Business An affiliate of Winnemac Properties has paid $21 million, or $205,882/unit, for Fulton Place, a 102-unit apartment complex in Grand Rapids, Mich. The Chicago investment firm purchased the property from its developer, Rockford Construction Co. of Grand ...

Crain's Grand Rapids Business. Bridge33 Capital has paid $70 million, or $157.41/sf, for the 444,709-square-foot Shops at CenterPoint in Grand Rapids, Mich. The Seattle company purchased the retail property from DRA Advisors and Pine Tree, which had acquired it in ...

Commercial Real Estate Direct Staff Report The $80 million loan that Starwood Property Trust had provided against the Woodland Mall in Grand Rapids, Mich., has a five-year term and pays a coupon of 7.35 percent. The loan, which requires only interest ...

Commercial Real Estate Direct Staff Report Starwood Mortgage Capital has provided $80 million of mortgage financing against the Woodland Mall shopping center in Grand Rapids, Mich. The loan allowed the property's owner, Pennsylvania REIT, to retire what had been a ...

Poag Development Group, which purchased the RiverTown Crossings Mall in suburban Grand Rapids, Mich., has assumed what had been a troubled $130.48 million CMBS loan against the 24-year-old shopping center.

Multi-Housing News An affiliate of GSH Group has acquired the Grove, a 320-unit apartment property in Grand Rapids, Mich. The Clawson, Mich., company purchased the property from its developer, Thompson Thrift, in a deal brokered by Berkadia. The purchase price ...