Hanmi Bank Provides $12M Refinance Loan For Arlington Heights Multifamily Property
FINANCED
Illinois
See Similar DealsMultiFamily93,380 SF
Financed 11/02/2022
FINANCED
Hanmi Bank Provides $12M Refinance Loan For Arlington Heights Multifamily Property
3400 N Old Arlington Heights Rd, Arlington Heights, IL 60004, USA
See Similar DealsMultiFamily93,380 SF
Financed 11/02/2022
Summary
ILLINOIS
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:93,380 SF
Transaction Type:Loan
The multifamily property located at 3400 N Old Arlington Heights Rd in Arlington Heights, IL has undergone a refinancing transaction. The property consists of 72 units and spans a total area of 93,380 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $12,000,000
- Address: 3400 N Old Arlington Heights Rd, Arlington Heights, IL
- Market: Arlington Heights, IL
- Lender: Hanmi Bank
- Broker: Philip Galligan - JLL
- Loan Type: Refinance
Philip Galligan from JLL represented the buyer in securing the refinancing loan from Hanmi Bank.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
0.00x
Max Loan Amount
$0.00
Monthly NOI$0.00
Monthly Debt Service$0.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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