Finance X Missouri
Maverick Commercial Mortgage provides $5.4 million in financing for Missouri mobile home park

Maverick Commercial Mortgage provides $5.4 million in financing for Missouri mobile home park

Maverick Commercial Mortgage, a Chicago-based commercial mortgage banking firm, arranged both bridge and subsequent permanent financing in the amount of $5.4 million at a 10-year fixed rate from a national lender for JWW Robinland, LLC. The investment property, Ravinia Estates, is a 217-site 74-acre mobile home park located at 1103 Robindale Drive in Fenton, Missouri.

Finance N Illinois
Tax overall could mean big changes for developers working affordable housing, historic properties

Tax overall could mean big changes for developers working affordable housing, historic properties

For those concerned with recent proposals to overhaul the nation’s tax code, it can feel like they’re dealing with a giant pile of what-if and if-then scenarios. The proposals from the House and Senate aren’t winning over everyone, but do they ever? But within the tax bill lie a few key components that are important for the commercial real estate industry in Chicago. This includes changes to the New Markets Tax Credit program and the federal Historic Tax Credit program.