Arbor Realty Trust Provides $25M Refinance Loan For Chicago Multifamily Property | 1165 North Milwaukee Avenue | Arbor Realty Trust | MultiFamily | Loan

Summary

Loan

ILLINOIS

MultiFamily

The Noble Square Cooperative, located at 1165 North Milwaukee Avenue in Chicago, has recently undergone a refinancing transaction. The multifamily property, consisting of 481 units, obtained a loan amount of $25,000,000 from Arbor Realty Trust. The loan was facilitated by Geoffrey Platt, the representative of Arbor Realty Trust.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $25,000,000
Address: 1165 North Milwaukee Avenue, Chicago
Market: Chicago
Units: 481

The Noble Square Cooperative secured the refinancing through a DUS Loan provided by Arbor Realty Trust. As the lender, Arbor Realty Trust played a crucial role in supporting the cooperative's financial needs, allowing them to continue maintaining and managing the property effectively.

Players

All
1

Lenders
1

Arbor Realty Trust

Details

Deal Summary

FINANCED

IMAGE: Geoffrey Platt DATE: 09/19/2023 ADDRESS: 1165 North Milwaukee Avenue MARKET: Chicago ASSET TYPE: Multifamily ~ UNITS: 481 LENDER: Arbor Realty Trust (@ArborRealtyTrust) - Geoffrey Platt (@GeoffreyaPlatt) LANDLORD: Noble Square Cooperative LOAN AMOUNT: $25,000,000 LOAN TYPE: Refinance NOTE: $25,000,000 / Chicago, IL/ 481 units / DUS Loan/ Arbor Realty Trust

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Address1165 North Milwaukee Avenue

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