BWE Secures $37 Million Bridge Loan For Mixed-Use Property In Kalamazoo

The Exchange is a mixed-use property located at 155 West Michigan Avenue in Kalamazoo, MI. This asset comprises a 15-story apartment building and is involved in a bridge loan transaction. The transaction was completed on June 24, 2026, for a total loan amount of $37 million.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $37,000,000
• Loan Type: Bridge
• Market: Kalamazoo, MI
• Loan Date: 06/24/2026

The financing for The Exchange was arranged by brokers Christopher Carroll, Cathy Bronkema, and Max Miller from BWE, representing the local commercial and residential property developer. The loan was originated to support the development of this mixed-use property, which was delivered in December 2020.