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Illinois, United States

Updated Oct 28, 2024

Bilt advertisement
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

About this deal

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.

The multifamily loan at Illinois, United States in Elkhart, Illinois financed for $60.2M in 2022. Illinois, United States is classified as Multifamily on Traded. Named participants on the Illinois, United States loan are Dan Rosenberg. This page is the Elkhart, Illinois file for the Illinois, United States multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Elkhart sit in the Market section below. Filter that Elkhart multifamily set by closing date to see what else financed near Illinois, United States around 2022. Published consideration for Illinois, United States is $60.2M, dated 2022. Cite this Bellwether Enterprise Real Estate Capital LLC Provides $60.2M Loan For Multifamily & Retail Properties In Illinois & Minnesota loan when underwriting similar multifamily product around Elkhart, Illinois.

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

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