Robert Sekula Of North Park Ventures Secures $12.5M Refinance Loan For Chicago Multifamily Property

The asset involved in the transaction is a multifamily building located at 3264 North Clark Street in Chicago, consisting of 31 units. The property was refinanced for a total loan amount of $12,500,000, with loan terms set for 5 years.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $12,500,000
• Loan Type: Refinance
• Loan Terms: 5 years
• Lender: Barclays
• Landlord: Robert Sekula - North Park Ventures
• Brokers: Anthony Longo & Matt Ferrino - Alpha Capital CRE

Key participants in the transaction include Robert Sekula, who represents North Park Ventures as the landlord, and brokers Anthony Longo and Matt Ferrino from Alpha Capital CRE, who played a pivotal role in facilitating the refinance deal.