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Woda Cooper Kicks Off Michigan Affordable Project

Developer Woda Cooper Cos. has broken ground on Breton Grove, a 90-unit affordable multifamily community in Grand Rapids, Mich. ....

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Merchants Capital Completes $303 Million Freddie Mac Q-Series Transaction for Eleven Multifamily Properties Spanning Eight States

CARMEL, IN - Leading financial services provider Merchants Capital announces today it has successfully completed a $303 million securitization of 11 multifamily housing loans via its fourth Freddie Mac-sponsored Q-Series transaction.
The loans, ranging from $4 million to $62 million, were used for the acquisition or refinance of multifamily properties spanning eight states, with Florida, Indiana, Colorado and New Jersey making up 81% of the loan balance. Most of the properties are workforce. ....

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Multifamily Market a Safe Bet Still Despite Mounting Challenges: Forum

Developers, investors and financiers discuss how to invest in and develop multifamily buildings nationwide as interest rates rise. ....

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Multifamily Market a Safe Bet Still Despite Mounting Challenges: Forum

How is the multifamily investment market doing? Following a keynote from owner and developer Harbor Group International’s Yisroel Berg and law firm Herrick Feinstein’s Jonathan Adelsberg, the initial panel of the daylong forum dived into how the cost of debt was affecting the ability to purchase new apartment buildings. “We’re moving ahead with buying a portfolio in Florida, but we’re being cautious,” said David Hochfelder, the chief investment officer at Naftali Group. ....

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Merchants Bank of Indiana's Chairman and Co-Founder Named a Leader in Banking Excellence from the Indiana Bankers Association

CARMEL, IN - Merchants Bank of Indiana (NASDAQ:MBIN) (“Merchants Bank”) is proud to announce the company’s Chairman and Co-Founder, Michael F. Petrie, has been honored by the Indiana Bankers Association (IBA) with the prestigious IBA Leaders in Banking Excellence award.
The annual Leaders in Banking Excellence awards, the IBA’s highest honor, celebrates exceptional leaders each year who have positively impacted Indiana banks and communities. Petrie, along with two other. ....

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