Lodge Financial and Matthew Bowker have successfully financed the purchase of a 36-unit apartment building located in Fulton River District.
Details:
- Approximately 63% LTV on 5/1 ARM with 30 year amortization at 5.75% full recourse;
- Local execution at 851 Grand Ave Chicago with an out of state sponsor;
- Closed in under 45 days, year-end.
