Ann Arbor, Mich. — CBRE Capital Markets’ Debt and Structured Finance team has arranged $35 million in financing for the recapitalization of University Towers adjacent to the University of Michigan in Ann Arbor.
Ann Arbor, Mich. — Investor and philanthropist Charles T. Munger, University of Michigan graduate and vice chairman of Berkshire Hathaway Inc., gives gift of $110 million for new graduate housing.