Arbor Realty Trust Provides $25M Refinance Loan For Chicago Multifamily Property

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.