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5441 North East River Road

R.I.G Capital Secures $125.25 Million Loan From Arbor Realty Trust For The Pavilion Acquisition
FINANCEDMultiFamily

R.I.G Capital Secures $125.25 Million Loan From Arbor Realty Trust For The Pavilion Acquisition

5441 North East River Road

$125,250,000

Building Size

Asset Type

MultiFamily

Closing

May 11, 2026

AI

The property involved in this transaction is a multifamily asset located at The Pavilion, 5441 North East River Road in the Chicago market, consisting of 1115 units.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $125,250,000
  • Lender: Stephen York - Arbor Realty Trust
  • Buyer: R.I.G Capital
  • Broker: Michael Muller - Eastern Union
  • Loan Type: Acquisition
  • Loan Terms: 7 years

Key individuals involved in this deal include Stephen York, representing Arbor Realty Trust, and Michael Muller, acting on behalf of Eastern Union as the broker for the transaction.

Players

Michael Muller

Broker

$362.4M

vol

11 deals

Broker
Arbor Realty Trust
Arbor Realty TrustLender

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

0.13%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93