Associated Bank Provides $14,200,000 Refinance Loan For Multifamily Property In Chicago

The property involved in this transaction is a multifamily asset located at 1257 North Ashland Avenue in Chicago, IL. The loan amount for this asset is $14,200,000, which is being utilized for refinancing purposes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $14,200,000
• Lender: Associated Bank
• Landlord's Representative: Morris Betesh, Omar Ferreira & Jacob Petrovic - Arrow Real Estate Advisors
• Transaction Date: 5/18/2026

Morris Betesh, Omar Ferreira, and Jacob Petrovic represent the landlord in this transaction, showcasing their expertise as brokers from Arrow Real Estate Advisors involved in facilitating the refinancing process of this multifamily property.