Updated Oct 20, 2026
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
Units
1,115
Asset Type
MultiFamily
Closing
May 11, 2026
About this deal
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.
On the Map
$125,250,000
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
0.13%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93