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IllinoisMultifamily

Colliers Mortgage closes $7.9 million loan for Marywood Apartments in Aurora

July 19, 2021
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The Oak Brook, Illinois office of Colliers Mortgage, part of Colliers International | U.S., recently closed a $7.9 million Fannie Mae loan for the refinancing of Marywood Apartments, a 116-unit market rate multifamily property located in Aurora, Illinois. Marywood Apartments, constructed in 1967 – 1971, has ten garden-style buildings, an on-site laundry facility and a playground.  The 10-year term/amortization loan was arranged for borrower, Marywood Housing, L.L.C.

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