DMI has announced the closing of a $5.6 Million subordinated mortgage to support the renovation of the Metropolitan Building at 33 John R Street, Detroit, MI into a 110-room extended stay hotel with first floor retail operations. The property, which will be operated under the Starwood brand, will be known as the Element Detroit at […]
Thank you to our sponsors! Cinnaire’s Mid-Atlantic Annual Meeting provides our partners with an opportunity to build and strengthen relationships in the affordable housing and community development industries. Susan Frank, Senior Vice President and Mark McDaniel, President and CEO, will discuss Year-to-Date accomplishments and priorities for 2018. Wilmington Mayor Mike Purzycki is the luncheon keynote
Cinnaire’s 2017 Mid-Atlantic Annual Meeting Read More »
In response to the devastation caused by Hurricanes Harvey and Irma, Cinnaire has established an internal Hurricane Relief Task Force At Cinnaire, we believe that all people deserve to live in safe, healthy, vibrant communities. Our commitment to advancing communities extends beyond providing access to capital, creative loans and investments. Our strength as an organization is fueled
Cinnaire Cares: Hurricane Task Force Read More »
Mark McDaniel Honored as Industry Champion for Lasting Contributions to the Affordable Housing Industry Cinnaire recently announced that president and CEO Mark Mcdaniel has been named for induction into the Affordable Housing Finance (AHF) Affordable Housing Hall of Fame. Recognized as being industry champions, pioneers, leaders and advocates for better housing programs and policies, the AHF
Cinnaire President & CEO Receives Prestigious Award Read More »
Award Honors top Michigan Companies that Provide Exceptional Employee Benefits and Unique Workplace Environment Cinnaire was recently named as a Crain’s Detroit Business Cool Place to Work. This is the fourth time Cinnaire has been selected for this prestigious list. The annual list is compiled by Crain’s and Best Companies Group. The voluntary program is
Cinnaire Recognized as a Crain’s Detroit Business Cool Place to Work Read More »
Cinnaire recently announced that River Crest Apartments in Detroit, MI, has received the Renovated Community of the Year PRISM Award. River Crest Apartments provides 161 safe, affordable apartment homes near Detroit’s Gold Coast, Indian Village and East Village historic neighborhoods. Prior to the $24M renovation the apartment community was one of the most problematic buildings
Vibrant new apartment community provides affordable housing to seniors Cinnaire recently joined DeShano Companies, Inc., the development team and community leaders to celebrate the grand opening of River View Place Apartments. The development of River View Place was made possible by the Michigan State Housing Development Authority (MSHDA) tax credit program for affordable multi-family development
Cinnaire celebrates grand opening at River View Place in St. Louis, MI Read More »
Cinnaire recently announced two new positions in the Lansing, MI, office and the Detroit, MI, office. Nathan Dickinson recently joined Cinnaire as an Assistant Underwriter in the Lansing, MI office. In this role, Nathan will be responsible for analyzing real estate debt and equity investments and assessing the risks associated with these potential investments. Nathan received
Cinnaire Announces New Team Members Read More »
The latest issue of Avenues to Affordability is online now! Click here to read the latest issue.
Avenues to Affordability: First Responders Read More »
Cinnaire CEO Mark McDaniel, Chief Strategy Officer Jim Logue and Executive Vice President Rick Laber were recently featured in interviews on WJR Radio’s The Frank Beckman Show during a live broadcast from the Great Lakes Lenders Conference. The three shared their perspective on the affordable housing industry, policy impacting community redevelopment and Cinnaire’s role in
Cinnaire – Live from The Great Lakes Lenders Conference Read More »
EJ Group Project will retain 350 jobs for Northern Michigan Residents Cinnaire, a full-service Community Development Financial Institution (CDFI) based in Lansing, MI with offices in five states, recently provided an $11.5M New Market Tax Credit (NMTC) allocation to support the new construction of a 350,000 square foot, state-of-the-art manufacturing facility for EJ Group, Inc.
Cinnaire Invests in State-of-the-Art Manufacturing Facility in Elmira Read More »
Cinnaire, a full-service Community Development Financial Institution (CDFI) based in Lansing, MI, with offices in five states, supports community stabilization and economic development, recently announced two new positions in the Wilmington, DE, office and the Detroit, MI, office. Corinne Hyzny has been named Vice President, Strategic Communications, in the company’s Wilmington, DE, office. In this new
