Brandon Moulton & Kevin Werner Of Renovo Financial Provide $24.5M Construction Loan In River North
$24,500,000
Building Size
—
Asset Type
Mixed-use
Closing
Sep 15, 2026
About this deal
AI
The transaction involves a mixed-use asset located in the River North market. The loan amount for this construction financing is $24,500,000, with terms set for 30 months on an interest-only basis.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $24,500,000
- Loan Type: Construction
- Loan Terms: 30 months interest only
- Lender: Brandon Moulton & Kevin Werner - Renovo Financial
Brandon Moulton and Kevin Werner represent Renovo Financial, which provides flexible capital to real estate investors and developers. The firm has a focus on loans ranging from $5 to $50 million, emphasizing construction, multifamily, build-to-rent, condo, and transitional opportunities, combining local knowledge with speed, flexibility, and certainty for complex transactions.
Players
Market Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Browse Illinois mixed use loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93