A10 Capital Secures $55.71 Million Refinance Loan For Multifamily Asset In Naperville

The property involved in this transaction is a Class A luxury apartment situated at 1420 West Diehl Road in Naperville, Illinois. It is a multifamily asset that has undergone refinancing, with a loan amount of $55,710,000 secured through a floating rate bridge loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $55,710,000
• Loan Type: Refinance
• Loan Terms: 3-year bridge
• Lender: Mark Blaha, Phillip Frost, Jamie Berenger & Jerry Dunn - A10 Capital

The lending process was facilitated by A10 Capital, highlighting their expanded lending capabilities through a debt fund recently launched. The key individuals involved include Mark Blaha, Jamie Berenger, Jerry Dunn, and Phillip Frost, all representing A10 Capital in this transaction.