Inland Mortgage Capital, LLC closed nearly $44 million in non-recourse, first mortgage bridge loans across four projects in California (1), Illinois (2) and Wisconsin (1).
The transactions demonstrate IMC’s continued focus on experienced sponsors seeking flexible non-recourse bridge financing for well-located transitional assets.
The four projects closed in just three months between May, June and July 2026 and included:
- $6,200,000 non-recourse acquisition loan for a 44,000-square-foot shallow bay industrial project in Paramount, California;
- $9,605,000 non-recourse loan refinancing of a 32,000-square-foot collection of buildings in the Lincoln Park neighborhood of Chicago;
- $16,500,000 non-recourse loan refinancing for a three-story, mixed-use property in downtown Naperville, Illinois, consisting of retail and office; and
- $11,500,000 non-recourse refinance loan for a hotel conversion to multifamily use in Madison, Wisconsin.
