Latest News
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 ...
Read More 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 ...
Read More 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 ...
Read More 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 ...
Read More 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 ...
Read More 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 ...
Read More 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 ...
Read More 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 ...
Read More 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 ...
Read More 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 ...
Read More 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, ...
Read More 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 ...
Read More 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 ...
Read More 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 ...
Read More Patriot’s Day 2014
Patriot’s Day 2014 was a special day for Veterans in Detroit, Michigan. A beautiful new park was dedicated at Piquette Square, one of Cinnaire’s housing and support-services development serving formerly homeless Veterans. The new park represents yet another investment in ...
Read More Great Lakes Capital Fund Invests $6M in Supportive Housing
Cinnaire recently invested $6M of Housing Credit Equity to build The Courtyard of Fort Wayne in Fort Wayne, Indiana. The project will be located on the site of the former Duemling Clinic – a large multi-story former medical building that ...
Read More Representative Tim Walberg joins GLCF in Grand Opening Celebrations
Development partners, government officials, including Representative Tim Walberg, and investors celebrated the grand openings of two newly renovated apartment homes, Kalamink Creek in Webberville and Green Meadows Apartments in Springport, Michigan. Partnerships across public, private and the non-profit sector have ...
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GLCF Magazine, Avenues to Affordability, Explores Develop Michigan, Inc. (DMI)
Cinnaire is proud to release Issue 2 of Avenues to Affordability, our quarterly publication covering the latest topics and trends in the community development space. This quarters' news centers around Develop Michigan Inc., or DMI, a non-profit, development finance organization ...
Read More Media Inquiries
Please direct media inquiries to:
Corinne Hyzny
SVP, Strategic Communications
302-300-4247 or clicking here
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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
Lansing
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Lansing MI, 48910
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Suite 1530
Indianapolis IN, 46204
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Wilmington, DE 19801
Chicago
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Suite 1350
Chicago, IL 60606
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Madison, WI 53703
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Suite 202
Grand Rapids, MI 49503
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2111 Woodward Avenue, Suite 600
Detroit, MI 48201
