KeyBank Institutional Advisors and KeyBank Community Development Lending and Investment (CDLI) provided $30 million of financing to the Cleveland Foundation (TCF) for the construction of the 95,000-square-foot Midtown Collaboration Center (Center) located in Cleveland’s MidTown.
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KeyBank Community Development Lending and Investment provided a $6.3 million equity investment in New Markets Tax Credits, and KeyBank Institutional Advisors provided a $23.7 million loan to fund the construction of the 95,000-square-foot center, which aims to bridge Cleveland's downtown business center with its University Circle academic hub.