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IllinoisMultifamily

Lodge Financial closes loan for 40-unit courtyard building in Rogers Park

July 13, 2021
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Lodge Financial successfully closed on an acquisition loan secured by a 40 unit, double courtyard apartment building located at 7375-83 N. Winchester Avenue, Chicago, IL.

Loan details include the following:
75% Loan to value, 10 year term, 3.95% rate, 1 yr of Interest Only, Non Recourse, Step Down Prepayment, Agency Lender

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