Robert Jue Of Standard Real Estate Investments Secures $43 Million Loan For 2101 Finley Road
2101 Finley Road
$43,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 29, 2026
AI
The asset involved in this transaction is a multifamily property located at 2101 Finley Road, Martin's Point, in Lombard. The property consists of 256 units and has a loan amount of $43,000,000 for its acquisition.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $43,000,000
- Lender: Jeff Goodman - PGIM
- Landlord: Robert Jue - Standard Real Estate Investments
- Landlord's Representative: Ryan Sullivan & Clint Frease - Newmark
- Loan Type: Acquisition
This transaction saw key individuals such as Jeff Goodman from PGIM providing the necessary financing. The Lord's representative for this deal was a combined effort from Ryan Sullivan and Clint Frease at Newmark, who worked on behalf of Robert Jue, the landlord representing Standard Real Estate Investments.
Players
Lombard MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.37%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93