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Associated Bank Arranges $84M Construction Loan for Manufacturing Facility in Altoona, Iowa

Summary by REBusinessOnline
ALTOONA, IOWA — Associated Bank has arranged an $84 million loan for the construction of a 622,788-square-foot heavy manufacturing facility in Altoona. Enclave is the developer and borrower. The loan was arranged and led by Associated Bank as administrative agent with syndicate lenders First National Bank of Omaha and Wintrust Financial. The project is a build-to-suit for Robinson Inc. to provide flexible production capacity for metal bending, l…
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REBusinessOnline broke the news in on Thursday, February 5, 2026.
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