Icarus Investment Group Secures $28,135,000 Refinance Loan From Fannie Mae For Multifamily Asset

The asset involved in this transaction is a multifamily property comprising 204 units, located in the Chicago MSA. The refinancing loan amount is $28,135,000, structured over a term of 7 years.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $28,135,000
• Lender: Fannie Mae
• Landlord: Icarus Investment Group
• Originators: Rich Kourbage, Garvin Lee, and Gillian McIlroy - Greystone

The key individuals involved in this transaction include Rich Kourbage, Garvin Lee, and Gillian McIlroy, representing Greystone in the refinancing of the property. The representation of the landlord, Icarus Investment Group, was handled by these originators, facilitating the execution of the deal.