Robert Sekula Of North Park Ventures Secures $18.25M Refinance Loan For Multifamily Asset In Chicago

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.