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Chicago & Midwest  + Midwest  + Finance  | 

RED Capital Does $245M in Q2 Deals

RED Capital Group, based in Columbus, OH, closed $245.27 million in transactions during the second quarter of 2018. The firm’s 35 transactions during Q2 took place across 14 states: Arizona, Arkansas, California, Colorado, Illinois, Kentucky, Michigan, Mississippi, Nevada, New Jersey, New York, Ohio, Texas and Washington.

The recent transactions include $81.26 million in affordable housing, $73.73 million in market-rate Fannie Mae MBS, and $61.57 million in Small Balance and Small Mortgage loans through Freddie Mac or Fannie Mae.

The transactions were each executed through one of RED’s operating divisions: Red Mortgage Capital LLC, Red Capital Partners LLC, or Red Capital Markets LLC. Deal sizes ranged from $1.4 million to $20.5 million, the latter on Chandler Park Apartments Paducah in Paducah, KY (pictured).


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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