Chicago-based Capital Fund Services (CFS), a related company of Cinnaire, closed on an acquisition loan for the purchase of a 36-unit multi-family housing development in Portland, Indiana in the amount of $616,500, at a rate of 4.75% for PK Housing, a long-standing client of Cinnaire. “We are very excited to acquire our first Indiana property,” […]
Cinnaire is pleased to present its annual education conference, “University of Affordable Housing.” May 21-22, 2014 Hilton Garden Inn South Bend, Indiana Management Companies, Property Managers, Maintenance Professionals, Developers, Investors and Partners are all encouraged to attend. This event is supported by our partner, Property Management Association of Michigan, to promote strong education in the
Register Now for GLCF’s Annual Education Conference! Read More »
Susan Frank joined Delaware Community Investment Corporation, a Cinnaire company, as Vice President and Managing Director of Business Development. Ms. Frank, formerly a Director in Fannie Mae’s Multifamily group, will be a critical member of the Delaware Community Investment Corporation (DCIC) team as they seek to maximize the opportunities presented by the joining of Cinnaire
Susan Frank Joins GLCF Family of Organizations Read More »
Cinnaire announces the relocation of our Chicagoland office to downtown Chicago: NEW ADDRESS: 225 West Washington Suite 1350 C Chicago Illinois 60606 Please make note of our new address. All our phone lines and email addresses have remained the same.
GLCF Chicagoland Office Moves Downtown Read More »
A former Sears Department Store built in the 1920s converted to loft-style apartments, an Anytime Fitness and a fresh food market in Pontiac, Michigan along with the NSO Bell Building in Detroit, Michigan were two of the three Judges’ Award winners for the 2013 J. Timothy Anderson Awards for Excellence in Historic Rehabilitation (Timmy Awards).
Lafayette Place Lofts Receives 2013 Prestigious “Timmy” Award for Historic Housing Read More »
James L. Logue III, Chief Operating Officer of Cinnaire, was recently elected to the Board of Directors at the Federal Home Loan Bank of Indianapolis (FHLBI). He is one of eight “independent” directors from organizations in Indiana and Michigan with specialized knowledge in finance, housing or community development, joining directors elected from among the FHLBI’s
Logue Elected to Board of Directors of the Federal Home Loan Bank of Indianapolis Read More »
Passion White was in a tough spot. She was working full-time, but still unable to make ends meet. She lived in a women’s shelter while her children stayed with other family members. Even though she was doing her best, it wasn’t enough. White knew that something needed to change. Enter Delaware Community Investment Corporation (DCIC).
GLCF Announces Corporate Acquisition Read More »
Palmer Park Square Wins ‘Best Demonstrates Financial Innovation’ at the Novogradac Journal of Tax Credits Historic Rehabilitation Awards Detroit-based Shelborne Development Company was honored during the Novogradac Journal of Tax Credits conference, held at the MGM Grand Detroit. Kathy Makino-Leipsitz, owner of Shelborne, received the ‘2013 Historic Tax Credit Development that Best Demonstrates Financial Innovation’
Detroit’s Palmer Park Square Receives National Recognition Read More »
Developer: The Salvation Army CDEs: City of Chicago Housing and Economic Development; Cinnaire; Park National Bank Initiatives; Consortium Chicago, Ill. Congratulations to the winners of the 2013 Metro QLICI of the Year award: The Salvation Army Ray and Joan Kroc Corps Community Center and the CDEs of City of Chicago Housing and Economic Development, Cinnaire,
THE SALVATION ARMY RAY AND JOAN KROC CORPS COMMUNITY CENTER CHICAGO Read More »
Gary Heidel, Director of Policy & Market Research at the Michigan State Housing and Development Authority (MSDHA), has been appointed Chief Placemaking Officer for MSHDA. Gary will be responsible for overseeing the Community Development Division, the Downtown and Community Services Division, the State Historic Preservation Office, Urban Revitalization, and Cultural Economic Development. Gary has been at
Longtime MSHDA Leader, Gary Heidel, Accepts New Role Read More »
This year over 50 Cinnaire employees and their families traveled to Hawk Island Park in Lansing, Michigan for the Annual Company Picnic. Games were organized for both young and old to enjoy, and the park’s MANY amenities (including fishing, horseshoes, boat rentals and more) provided a fun-filled day for all.
GLCF Annual Company Picnic Read More »
At the annual statewide conference, IHCDA and IACED, along with their award sponsors and colleagues, recognize organizations and individuals for their outstanding projects and services. Cinnaire was proud to be represented in two of the five award categories given at the conference. Jack Brummett, Senior Vice President with Cinnaire received the Michael Carroll Community Economic
GLCF VP Honored for Affordable Housing Achievements and Contributions Read More »
