Updated Jul 24, 2026
Robert Sekula Of North Park Ventures Secures $12.5M Refinance Loan For Chicago Multifamily Property
3264 North Clark Street
$12,500,000
Units
31
Asset Type
MultiFamily
Closing
Jun 20, 2026
About this deal
AI
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.
On the Map
$12,500,000
MultiFamily
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Players
Chicago 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
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93