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IllinoisFinanceMultifamily

Lodge Financial provides $8.48 million purchase loan for 39-unit mixed-use building in Chicago

November 26, 2024
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Photo courtesy of Lodge Financial.

Lodge Financial provided a loan of more than $8.48 million to help finance hte purchase of a $12.125 million 39-unit mixed-use building in Chicago.

Matthew Bowker and Lodge Financial provided the financing for the property at 937 W. Belmont in Chicago.

The loan is a 7/1 ARM with an interest rate of 5.99% and 30-year amortization.

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