CapFund New Markets has closed and financed a $9 million allocation of federal New Markets Tax Credits to support a new, leading edge, facility with more than 72,000 square feet, to meet the growing needs of the Warsaw, Indiana community. Kosciusko County YMCA partnered with Cinnaire-family company, CapFund New Markets LLC, to combine with funds […]
CapFund New Markets Invests $9 Million in Parkview Warsaw YMCA Read More »
Cinnaire (Cinnaire) is pleased to announce the promotion of Fred Hash to Senior Vice President of Business Development. He has led business development for Cinnaire for the past fifteen years, and has worked in the community development industry for over thirty years. Previously, he served as Vice President/Director of Business Development for Cinnaire. He has
GLCF Announces Senior Vice President for Business Development Read More »
CapFund New Markets has closed and financed a $9 million allocation of federal New Markets Tax Credits to support an emergency shelter and counseling center for victims of domestic and sexual violence. HAVEN, the development sponsor, has served the Pontiac community for nearly 40 years, working to eliminate domestic violence and sexual assault across Oakland
Chicago-based Capital Fund Services (CFS), a related company of Cinnaire, arranged financing for a six apartment-home multifamily asset on the Southside of Chicago, Illinois. “The borrower is new to Chicago and we were pleased to help fund this smaller loan request as well as arrange a development line of credit,” said Loan Originator Paul De Kruiff, of
Capital Fund Services Arranges Financing for Southside Chicago Multifamily Housing Read More »
Equity totaling $22.3 million will support 134 apartment homes in the communities of Bedford, Beech Grove and Delphi, Indiana Following the recent announcement of Fund 29 closing, equity from Great Lakes Capital Fund (Cinnaire) has been delivered to finance 134 quality, affordable apartment homes in three different communities. The total equity delivered to Indiana senior and family housing, by
Cinnaire and Michigan Bankers Association established an equity fund for low-income seniors, families and residents with disabilities Cinnaire (Cinnaire) and Michigan Bankers Association Service Corporation (MBASC) recently closed its third equity fund, bringing $13 million to support the development and rehabilitation of 11 different apartment communities across the state, providing 774 units of quality, safe
Michigan Banks Generate $13 Million for the Development of Affordable Housing Read More »
Chicago-based Capital Fund Services (CFS), a related company of Cinnaire, arranged $10,350,000, 3.60% first mortgage for a 150 unit multifamily development in Northern New Jersey. “As the CFS and the Cinnaire family of companies expands in the northeast with the acquisition of Delaware Community Investment Corporation (DCIC), we are pleased to facilitate the loan for
From Glory Days, a TV show featuring the lives of former professional Hall of Fame, All-Star, World Champion, and other former professional athletes begun its third season on November 16, 2014, at 7:30pm on WADL-Detroit and will air through February 8, 2015 every Sunday at 7:30 PM. Daily rebroadcasts will occur on Comcast channel 900
Great Lakes Capital Fund partners as Title Sponsor for Season 3 of “From Glory Days” Read More »
Chicago-based Capital Fund Services (CFS), a related company of Great Lakes Capital Fund, sourced permanent financing totaling near $1,100,000 for a 64-unit multifamily affordable housing development in south eastern Indiana, between Louisville and Cincinnati. “We are pleased to help facilitate locking in long-term debt for this much needed affordable housing development in a more rural part of Indiana,”
Permanent Financing Provided by Capital Fund Services Strengthens Indiana Housing Stock Read More »
Chicago-based Capital Fund Services (CFS), a related company of Great Lakes Capital Fund, sourced permanent financing totaling near $4,000,000 on a Fort Wayne Indiana portfolio totaling 138 units. “We were able to bring the needed debt capital to a very long term client of the firm which allowed them to enhance bottom line cash
Each year after our incredibly hard-working team closes a fund, we get to ring this very authentic, celebratory “gong.” Cinnaire would like to give an extra special thanks to the thirteen investors who contributed. We look forward to working with all of you on the next Fund and the one after that! CapFund’s Capital Raising Team
GLCF Hits The Gong For Fund 29 Read More »
Fund 29 Delivers Essential Equity to 23 Projects in Five States Cinnaire (Cinnaire) is pleased to announce the closing of its most recent fund, Cinnaire for Housing Limited Partnership 29, or Fund 29, with $138.5 million raised to support affordable housing across the Midwest. Thirteen investors contributed to Fund 29, comprised of 12 banks and
Great Lakes Capital Fund Closes $138.5 Million Affordable Housing Fund Read More »
