Associated Bank Provides $37.8M Loan For Multifamily Property In Chicago
FINANCED
$37,800,000
Illinois
See Similar DealsMultiFamily249,000 SF
Financed 12/17/2020
FINANCED
Associated Bank Provides $37.8M Loan For Multifamily Property In Chicago
1926 West Harrison Street, Chicago, IL, USA
See Similar DealsMultiFamily249,000 SF
Financed 12/17/2020
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$151
Total Square Footage:249,000 SF
Transaction Type:Loan
The multifamily property located at 1926 W. Harrison Street in Chicago recently underwent a closed transaction. The loan for this property was provided by Associated Bank, with Elizabeth Hozian serving as the lender's representative. The loan amount for this transaction was $37,800,000. The property's ownership is held by Marquette Companies and Kayne Anderson Real Estate.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $37,800,000
- Lender: Associated Bank - Elizabeth Hozian
- Landlord: Marquette Companies & Kayne Anderson Real Estate
The involvement of Elizabeth Hozian, as the representative of Associated Bank, highlights the role of lending in this transaction. Marquette Companies and Kayne Anderson Real Estate, as the landlords, play a significant role in the ownership of the multifamily property at 1926 W. Harrison Street in Chicago.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$37,800,000.00
Monthly NOI$252,000.00
Monthly Debt Service$238,921.71
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions