Updated Aug 5, 2026
Robert Sekula Of North Park Ventures Secures $18.25M Refinance Loan For Multifamily Asset In Chicago
North Winthrop Avenue
$18,250,000
$357/SF
Building Size
51,054 SF
Asset Type
MultiFamily
Closing
Dec 18, 2025
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 6044 North Winthrop Avenue in Chicago. The asset comprises 64 units and has a total square footage of 51,054. The transaction was for a refinancing loan amounting to $18,250,000 with a term of 5 years.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $18,250,000
- Asset Address: 6044 North Winthrop Avenue
- Market: Chicago
- Units: 64
- Square Footage: 51,054
- Lender: BMO
- Landlord: Robert Sekula - North Park Ventures
- Brokers: Anthony Longo & Matt Ferrino - Alpha Capital CRE
- Loan Type: Refinance
- Loan Terms: 5 Years
The key individuals involved in this deal include Robert Sekula representing North Park Ventures as the landlord, with the brokerage by Anthony Longo and Matt Ferrino from Alpha Capital CRE. The loan was facilitated through BMO, focusing on refinancing the existing asset.
On the Map
$18,250,000
$357/SF
MultiFamily
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Players
Chicago 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
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93