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Watch the Video: Develop Michigan, Inc. is Driving Economic Progress

Learn more at www.developmichigan.net  
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CapFund New Markets Invests $9 Million in Parkview Warsaw YMCA

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. ...
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GLCF Announces Senior Vice President for Business Development

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 ...
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CapFund New Markets Invests $9 Million in Pontiac Domestic Abuse Shelter and Counseling Center

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 ...
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Capital Fund Services Arranges Financing for Southside Chicago Multifamily Housing

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 ...
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Great Lakes Capital Fund Announces Three Affordable Housing Developments to Serve Indiana Communities

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 ...
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Michigan Banks Generate $13 Million for the Development of Affordable Housing

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 ...
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Capital Fund Services Arranges $10.35M Mortgage to Support 150-unit Multifamily Development

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 ...
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Great Lakes Capital Fund partners as Title Sponsor for Season 3 of “From Glory Days”

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 ...
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Permanent Financing Provided by Capital Fund Services Strengthens Indiana Housing Stock

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 ...
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Capital Fund Services Funds Sources Permanent Financing to Preserve Indiana Affordable Housing Stock

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 ...
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GLCF Hits The Gong For Fund 29

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 ...
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Great Lakes Capital Fund Closes $138.5 Million Affordable Housing Fund

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 ...
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Detroit’s M-1 RAIL Ride to Completion Officially Begins

GROUNDBREAKING CEREMONY CELEBRATES UNPRECEDENTED PUBLIC TRANSIT SYSTEM IN DETROIT This September, business leaders, foundations, government officials and Detroit residents celebrated the groundbreaking for the M-1 RAIL Streetcar project. An unprecedented public-private partnership and model for regional collaboration, the M-1 RAIL ...
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Homeless No More: Genesis Woods Apartments Celebrate Grand Opening for Supportive Housing

Late September, Cinnaire, Genesis Non Profit Housing Corporation, development partners and new residents celebrate the grand opening of Genesis Woods Apartments special needs housing. Genesis Woods Apartments provides 33 apartment homes for people who are formerly homeless, have special needs, ...
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Construction begins on Abandoned Civil War-Era Building Downtown Mason, Mich.

Capital Fund Title Services and development partners from Kincaid Henry Building Group and the Ingham County Land Bank, are pleased to announce the beginning of construction for the historically sensitive redevelopment of the long vacant former Shopping Guide buildings in ...
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Ten Years a Family: Hope Woods Senior Community Living Celebrates Ten Year Anniversary

Hope Woods Senior Apartments is anything but old and tired after ten years of operation. The lively residents in Kalamazoo, Michigan threw themselves a ten year anniversary party this September to celebrate all of the things that make Hope Woods ...
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NH&RA Announces Oconomowoc School Apartments as Prestigious 2014 “Timmy” Historic Rehabilitation Award Finalist

NH&RA Announces Winners and Finalists for 2014 Historic Rehabilitation Awards Cotton Buildings, Vinegar Warehouse and Vacant Hotel Preserved for New Uses A group of former cotton press buildings redeveloped into housing and retail, a distressed Art Deco hotel preserved as permanent supportive ...
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Media Inquiries

Please direct media inquiries to:
Corinne Hyzny
SVP, Strategic Communications
302-300-4247 or clicking here

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Cinnaire In Action

Silver Star Apartments is an 85-unit permanent supportive housing facility, providing veterans a safe, secure, and supportive place to call home. Located in Battle Creek, Michigan, Silver Star is adjacent to the Battle Creek VA Medical Center and serviced in-house by Zero Day. Zero Day offers veterans accredited vocational training, apprenticeship opportunities, supportive services, life skills mentoring, career coaching, and job placement. Cinnaire invested $16.7 million in Low-Income Housing Tax Credits.

Our Locations

Home Office - Lansing
1118 South Washington
Lansing MI, 48910

Indianapolis
320 North Meridian, Suite 516
Indianapolis IN, 46204

Wilmington
100 W. 10th Street, Suite 502
Wilmington, DE 19801

Chicago
225 West Washington, Suite 1350
Chicago, IL 60606

Madison
10 E. Doty Street, Suite 617
Madison, WI 53703

Grand Rapids
100 Cesar E. Chavez Ave., Suite 202
Grand Rapids, MI 49503

Detroit
2111 Woodward Avenue, Suite 600
Detroit, MI 48201

Milwaukee
231 E. Buffalo Street, Suite 302
Milwaukee, WI 53202

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