Meridian Capital Group Arranges $40M Refinancing Loan For Schaumburg Multifamily Property

201 West Remington Lane

MultiFamily

Financed 1 year ago

Summary

Loan

ILLINOIS

MultiFamily

The property involved in the transaction is a multifamily asset located at 201 W. Remington Ln in Schaumburg. It consists of 529 units.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $40,000,000
Loan Type: Refinancing Loan
Loan Terms: 10-year loan
Brokers: Elliot Treitel & Steven Helmreich - Meridian Capital Group

The loan for this transaction was obtained for a refinancing amount of $40,000,000. It is a 10-year loan with the purpose of refinancing the property.

Players

All
3

Agents
2
Agencies
1

Steven Helmreich

Vice President

Elliot Treitel

Senior Vice President

Meridian Capital Group

Details

Deal Summary

FINANCED

IMAGE: Steven Helmreich & Elliot Treitel DATE: 01/01/2022 ADDRESS: 201 W. Remington Ln MARKET: Schaumburg ASSET TYPE: Multifamily ~ UNITS: 529 BROKERS: Elliot Treitel & Steven Helmreich - Meridian Capital Group LOAN AMOUNT: $40,000,000 LOAN TYPE: Refinancing Loan LOAN TERMS: 10-year loan

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Address201 West Remington Lane

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