Darragh Griffin & Quinn Keenan Of Essex Capital Markets Secures $9.5 Million Refinance Loan In Chicago

The property involved in this transaction is a multifamily asset located at 420 West Melrose Street and 620 West Surf Street in the Chicago market, consisting of 116 units. The loan amount secured for the refinancing of this property is $9,516,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,516,000
• Loan Type: Refinance
• Loan Terms: Term: 10 Year Full-Term Interest Only, Type: Agency, Spread: 1.25%

The deal was facilitated by Darragh Griffin and Quinn Keenan, representatives from Essex Capital Markets, who acted on behalf of the lender in the transaction.