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2-10 South Greenwood Avenue, 211 East Delaware Place, 1837 West Patterson Avenue, 629 West Deming Place, 925 West Dakin Street, 2051 North Sedgwick Street, 1157 West Diversey Parkway, 2244 North Cleveland Avenue, 1215 West Diversey Parkway & 825 West Fullerton Avenue
FINANCED

Fannie Mae Provides $67.58M Refinance For MultiFamily Portfolio In Chicago & Park Ridge

2-10 South Greenwood Avenue, 211 East Delaware Place, 1837 West Patterson Avenue, 629 West Deming Place, 925 West Dakin Street, 2051 North Sedgwick Street, 1157 West Diversey Parkway, 2244 North Cleveland Avenue, 1215 West Diversey Parkway & 825 West Fullerton Avenue

MultiFamily
2,495,460 SF
clock iconFinanced 67 days ago
Maxwell (Max) Hulsh
Andrew Cohen
Max Herzog
+ 2
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Summary

Loan
ILLINOIS
MultiFamily
2,495,460 sqft

The MultiFamily portfolio located at 2-10 South Greenwood Avenue, 211 East Delaware Place, 1837 West Patterson Avenue, 629 West Deming Place, 925 West Dakin Street, 2051 North Sedgwick Street, 1157 West Diversey Parkway, 2244 North Cleveland Avenue, 1215 West Diversey Parkway, and 825 West Fullerton Avenue in Chicago and Park Ridge consists of a total of 558 units with a combined square footage of 249,546. The refinancing loan for this portfolio was facilitated by Fannie Mae.

Summary of transation details:

Max Herzog, Marko Kazanjian, Andrew Cohen, and Maxwell Hulsh from Institutional Property Advisors (IPA) were the brokers involved in facilitating the refinancing of the multi-family portfolio. Their expertise and knowledge played a crucial role in securing the $67,577,000 refinance loan with Fannie Mae, showcasing a successful transaction in the Chicago and Park Ridge markets.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

Maxwell (Max) Hulsh's profile picture
Maxwell (Max) Hulsh
Institutional Property Advisors-image
Director
Andrew Cohen's profile picture
$44.8M Sold
Marko Kazanjian's profile picture

Details

Deal Summary
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FINANCED
IMAGE: Max Herzog, Marko Kazanjian, Andrew Cohen & Maxwell Hulsh DATE: 02/26/2024 ADDRESS: 2-10 South Greenwood Avenue, 211 East Delaware Place, 1837 West Patterson Avenue, 629 West Deming Place, 925 West Dakin Street, 2051 North Sedgwick Street, 1157 West Diversey Parkway, 2244 North Cleveland Avenue, 1215 West Diversey Parkway & 825 West Fullerton Avenue MARKET: Chicago & Park Ridge ASSET TYPE: MultiFamily Portfolio ~ UNITS: 558 ~ SF: 249,546 LENDER: Fannie Mae (@OfficialFannieMae) BROKERS: Max Herzog, Marko Kazanjian (@MarkoKaz), Andrew Cohen (@The_Andrew_Cohen) & Maxwell Hulsh (@MaxHulsh) - Institutional Property Advisors (IPA) LOAN AMOUNT: $67,577,000 LOAN TYPE: Refinance

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Address2-10 South Greenwood Avenue, 211 East Delaware Place, 1837 West Patterson Avenue, 629 West Deming Place, 925 West Dakin Street, 2051 North Sedgwick Street, 1157 West Diversey Parkway, 2244 North Cleveland Avenue, 1215 West Diversey Parkway & 825 West Fullerton Avenue

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