Bellwether Enterprise Real Estate Capital LLC Provides $60.2M Loan For Multifamily & Retail Properties In Illinois & Minnesota
FINANCED
$60,238,000
Illinois
See Similar DealsMultiFamily
Financed 06/16/2022
FINANCED
Bellwether Enterprise Real Estate Capital LLC Provides $60.2M Loan For Multifamily & Retail Properties In Illinois & Minnesota
Illinois, United States
See Similar DealsMultiFamily
Financed 06/16/2022
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
Details
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Deal Type
30 years
10 years
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
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