Green Street Realty Refinances Multifamily Property In Champaign, IL With $8.65M Loan From UBS

The 78-unit multifamily property located at 201 & 213 W Green Street in Champaign, IL has undergone a refinancing transaction. The property, owned by Green Street Realty, consists of two buildings and is classified as a multifamily asset.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,650,000
• Units: 78
• Lender: ubs''>UBS
• Landlord: Green Street Realty
• Brokers: Raymond Zanca & Matthew Stearms of Bear Capital Partners

The loan, provided by UBS, totals $8,650,000 and was secured to refinance the property. The loan terms include a 10-year repayment period with the first 3 years requiring interest-only payments. The interest rate on the loan is fixed at 3.73%.