Commercial Loans Press Releases

Kathy Anderson, Founding Partner of Progress Capital arranged an $84,000,000 construction loan plus $36,000,000 of equity for the development of THE ELEMENT, a 6-story apartment building located at 400 Claremont Avenue in Jersey City, NJ.

The Madison Group (TMG), a nationwide leading source of Medical Office financing, arranged the $21,000,000 nonrecourse refinance of a medical office building in Utah.

Brad Domenico arranged $16,000,000 in financing for a valued client to acquire a 44 unit, 219 bed, multi-site Student Housing Portfolio adjacent to Lehigh University in Bethlehem, PA.

Competitive Financial Solutions for Small Business Development

Brad Domenico, Partner at Progress Capital negotiated $23,353,000 for the refinance of a newly constructed high-rise apartment building located at 115-129 37th Street in Union City, NJ.

Brad Domenico, Partner at Progress Capital, negotiated a $60,000,000 acquisition loan for a portfolio of 18 multifamily buildings located in Hudson County, NJ.  The portfolio was purchased for $75,000,000.

Christopher P. Barton, President, CEO and Director with The State Bank of Geneva in Geneva, Ill., has been elected to serve on the Board of Directors of the Illinois Bankers Association (IBA).

The hospitality industry is thriving, and there is a significant need for investors to obtain capital necessary for investments in this area of the real estate industry.

The Madison Group (TMG), a leading source of financing for student housing nationwide, arranged the $2,600,000 refinance for a 9-building student housing project in northern Utah.