LEV Capital Facilitates $3.1M Acquisition Loan For Industrial Portfolio In Harvey, South Holland, Posen & Dolton, IL

An industrial property with a total area of 166,400 square feet has been recently acquired within the market of Harvey, South Holland, Posen, and Dolton, Illinois. The property, located at 2515-55 W Veterans Drive, 771-75 California Avenue, 16802-24 Lathrop Avenue, 16842-88 Lathrop Avenue, and 117-141 W 154th Street South, was involved in a closed transaction. The deal was facilitated by Ethan Freilich, Don Pavlov, Andres Breuer, and Yaakov Zar of LEV Capital.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,087,000
• Loan Type: Acquisition
• Loan Terms: 70% LTV, 4.99% Rate

The loan for the acquisition of the property amounted to $3,087,000, with a loan-to-value ratio of 70%. The loan was secured at a rate of 4.99%. No additional information regarding the transaction was provided.