Latest News

Capital Fund Services Funds Acquisition Loan to Preserve Indiana Affordable Housing Stock

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, ...
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Register Now for GLCF’s Annual Education Conference!

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 ...
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Susan Frank Joins GLCF Family of Organizations

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 ...
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GLCF Chicagoland Office Moves Downtown

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.
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Lafayette Place Lofts Receives 2013 Prestigious “Timmy” Award for Historic Housing

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 ...
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Logue Elected to Board of Directors of the Federal Home Loan Bank of Indianapolis

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 ...
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GLCF Announces Corporate Acquisition

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 ...
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Detroit’s Palmer Park Square Receives National Recognition

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, ...
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THE SALVATION ARMY RAY AND JOAN KROC CORPS COMMUNITY CENTER CHICAGO

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 ...
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Longtime MSHDA Leader, Gary Heidel, Accepts New Role

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 ...
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GLCF Annual Company Picnic

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, ...
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GLCF VP Honored for Affordable Housing Achievements and Contributions

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 ...
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“Connecting the Dots with Customer Service” From Fort Wayne to Mt. Pleasant to Madison! GLCF Delivers FREE Training and Educational Seminars

Cinnaire proudly offered three educational training seminars, “Connecting the Dots with Customer Service,” aiming to enhance the management and maintenance practices in our industry. The free seminars took place in Fort Wayne, Indiana; Mt. Pleasant, Michigan; Madison, Wisconsin and featured ...
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First Michigan-Based Privately Operated Development Finance Organization Launches

Cinnaire is pleased to announce that it has launched a new real estate financing tool, Develop Michigan (DMI), for Michigan-based projects.  Develop Michigan will play a dynamic role in financing commercial real estate projects, thus augmenting current efforts to transform ...
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GLCF’s Fund 28 Closes – Delivering $109 Million of Capital Across Midwest

Cinnaire (Cinnaire) is pleased to announce the closing of its most recent fund, Cinnaire for Housing Limited Partnership XXVIII, or Fund 28, with $109 million raised to support affordable housing across the Midwest. Seven investors contributed to Fund 28, comprised ...
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Derrick Collins Joins Great Lakes Capital Fund Board of Directors

Derrick Collins, Dean for the College of Business at Chicago State University, Joins Community Development Finance Institution Board  Lansing -- Derrick Collins has joined Cinnaire’s Board of Directors. With an extensive career in finance, investment, and most recently, higher education, ...
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Crawford Apartments Holds Ribbon Cutting Celebrates Permanent Supportive Housing for Bloomington Residents

CRAWFORD APARTMENTS PROVIDES QUALITY, AFFORDABLE APARTMENTS FOR PEOPLE WITH DISABILITIES EXPERIENCING CHRONIC HOMELESSNESS Bloomington - Today, Cinnaire, LIFEDesigns Inc., The Shalom Community Center and other partners celebrate the grand opening of Crawford Apartments. Cinnaire (Cinnaire) provided $5.49 million of Housing ...
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Green Meadows Will Provide 24 Quality, Affordable Homes to Springport, Michigan Residents

GREAT LAKES CAPITAL FUND INVESTS $1.6 MILLION IN AFFORDABLE FAMILY HOUSING, CREATES 36 JOBS SPRINGPORT - Cinnaire (Cinnaire) recently invested $1.6 million to rehabilitate Green Meadows Apartments in Springport, MI. Green Meadows will provide 24 apartment homes for working families. ...
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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

Lansing
1118 South Washington
Lansing MI, 48910

Indianapolis
201 North Illinois Street
Suite 1530
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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