Associated Bank provides $17.7 million term loan for Tricap Investments’ Urbandale, Iowa townhome acquisition

Associated Banc-Corp

Associated Banc-Corp

ASB

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  • Associated Bank completed a USD 17.7 million term loan to Tricap Investments for the phased acquisition of Townhomes at Magnolia Heights in Urbandale, Iowa.
  • The asset comprises 105 two-story townhome rental units at 5641 155th Street near Des Moines.
  • The financing closed on June 22, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Associated Banc-Corp published the original content used to generate this news brief on June 23, 2026, and is solely responsible for the information contained therein.

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