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Asher Motew & Quinn Keenan Secure $1.3 Million Loan For Chicago Multifamily Acquisition

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FINANCED

Illinois

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MultiFamily
Financed 02/24/2026
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Property Image
FINANCED

Asher Motew & Quinn Keenan Secure $1.3 Million Loan For Chicago Multifamily Acquisition

3134 North Kimball Avenue

See Similar Deals
MultiFamily
Financed 02/24/2026
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Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Loan

The property involved in the transaction is located at 3134 North Kimball Avenue in the Chicago market, categorized as a multifamily asset.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: Not specified
  • Loan Type: Acquisition
  • Loan Term: 75% Leverage | 5-Year Fixed | 5.88%
  • Capital Markets Advisors: Asher Motew & Quinn Keenan - Essex Capital Markets

Asher Motew and Quinn Keenan from Essex Capital Markets provided capital markets advisory for this transaction. They emphasized that execution goes beyond merely securing proceeds, focusing instead on aligning capital with the business plan. This loan structure offers clients the opportunity to undertake renovations, reposition rents, and stabilize effectively without imposing strict timelines.

Players

Quinn Keenan
20 deals$166.6M volume(312) 914-8855
BROKER

Asher Motew
Essex Capital Markets
14 deals$74.8M volume(224) 545-6505
BROKER

Details

FINANCED
IMAGE: Asher Motew & Quinn Keenan DATE: 02/24/2026 ADDRESS: 3134 North Kimball Avenue MARKET: Chicago ASSET TYPE: Multifamily CAPITAL MARKETS ADVISORS: Asher Motew (@Asher_Mo2) & Quinn Keenan - Essex Capital Markets (@EssexCapitalMarkets) LOAN TYPE: Acquisition LOAN TERM: 75% Leverage | 5-Year Fixed | 5.88% NOTES FROM CAPITAL MARKETS ADVISORS: Execution isn’t just about proceeds – it’s about aligning capital with the business plan. This structure gave our clients the runway to renovate, reposition rents, and stabilize without forcing the timeline.

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Debt Service Coverage Ratio (DSCR)

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Max Loan Amount

$0.00

Monthly NOI$0.00
Monthly Debt Service$0.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00