Matthew Bowker Closes $1,900,000 Refinance Loan For 25-Unit Multifamily Portfolio In North Chicago

The asset involved in this transaction is a multifamily property located at 1440 Hervey Avenue in North Chicago. The portfolio consists of 25 units spread across 24,258 square feet. The loan amount for the refinance is $1,900,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,900,000
• Loan Type: Refinance
• Loan Terms: 5
• Lender: Matthew Bowker
• Landlord: Artur Barkan & Pavel Vaysman
• Broker: Matthew Bowker - Lodge Financial

The refinance deal was noted for involving a five building portfolio that has been owned for less than 12 months. Matthew Bowker facilitated this transaction as the broker and also served as the lender.