Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Bellwether Arranges Debt on Properties in Ohio, 3 Other States
Cleveland-based Bellwether Enterprise has closed loans totaling more than $38 million for two multifamily, one hospitality, and one flex-retail property located across four states. Largest of the four was a $19.8-million bridge loan for a Cincinnati multifamily property, arranged by SVP Bob Pearson and provided by Voya.
VP Kelly Martone arranged $10.75 million in permanent financing on Sterling King Apartments in Portsmouth, VA (pictured), using Principal Financial Group as the lender. Martone’s colleague Marshall Waller arranged a $5.1-million bridge loan from MidCap Financial Services for a Cloverleaf Suites property in Columbia, SC.
There was also Ligon Mill Business Center, a $2.3-million refinance loan for a 39,477-square-foot flex-retail building in Wake Forest, NC. Raleigh-based Kenan Poole arranged the refi for Lloyd’s of Wake Forest, LLC using Symetra as the lender.
For comments, questions or concerns, please contact Paul Bubny
- ◦Financing
Get Chicago News in 150 Words


