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Bellwether Enterprise Real Estate Capital LLC Provides $60.2M Loan For Multifamily & Retail Properties In Illinois & Minnesota

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FINANCED
$60,238,000

Illinois

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MultiFamily
Financed 06/16/2022
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Property Image
FINANCED

Bellwether Enterprise Real Estate Capital LLC Provides $60.2M Loan For Multifamily & Retail Properties In Illinois & Minnesota

Illinois, United States

See Similar Deals
MultiFamily
Financed 06/16/2022
Contact now

Summary

ILLINOIS
Asset Type:MultiFamily
Transaction Type:Loan

Multifamily & Retail Properties located in Illinois & Minnesota were involved in a closed property transaction. The transaction took place on 06/16/2022 and the loan amount was $60,238,000.

Summary of transaction details

  • Property Type: Multifamily & Retail
  • Transaction Amount: $60,238,000

The lender in this transaction was Bellwether Enterprise Real Estate Capital LLC. They were represented by Lucas Goring, Ryan Morris, Dan Rosenberg, and Matt Terpstra.

No additional information about the property or individuals involved in the transaction was provided.

Players

LENDER


4 deals$155.2M volume
LENDER


Details

FINANCED
IMAGE: Lucas Goring DATE: 06/16/2022 ADDRESS: Multifamily & Retail Properties MARKET: Illinois & Minnesota ASSET TYPE: Multifamily & Retail LENDER: Bellwether Enterprise Real Estate Capital LLC - Lucas Goring, Ryan Morris, Dan Rosenberg & Matt Terpstra LOAN AMOUNT: $60,238,000

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$60,238,000.00

Monthly NOI$401,586.67
Monthly Debt Service$380,745.14
Change in Cash Flow$0.00
Refinance Proceeds$0.00