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Illinois, United States

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

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

Illinois, United States

$60,238,000

Building Size

Asset Type

MultiFamily

Closing

Jun 15, 2022

AI

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

BL
Bellwether Enterprise Real Estate Capital LLCLender

Dan Rosenberg

Bellwether Enterprise Real Estate Capital LLC

Lender

$155.2M

vol

4 deals

Lender

Elkhart 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

0.26%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93