Medetbek Begmatov & Almazbek Sharibidinov Of SRIS Holdings Secures $2.2M Bridge Loan For Office In Buffalo Grove

This article discusses the office property located at 1250 Radcliffe Road in Buffalo Grove, Illinois. The asset covers a space of 49,592 square feet and is financed with a loan amount of $2,200,000, structured as a bridge loan with terms of 3 years I/O and partial debt service reserve.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $2,200,000
• Asset Size: 49,592 SF
• Address: 1250 Radcliffe Road
• Market: Buffalo Grove
• Lender: INSIGNIA Financial Services
• Landlord: Medetbek Begmatov & Almazbek Sharibidinov - SRIS Holdings
• Lender's Representative: John Morelli - INSIGNIA Financial Services
• Loan Type: Bridge
• Loan Terms: 3 Years I/O, Partial Debt Service Reserve

John Morelli of INSIGNIA Financial Services facilitated the financing for this former public elementary school building. The property will function as the US-based sister institution of the Silk Road International School from Bishkek, Kyrgyzstan, marking the establishment of SRIS Chicago as the first Kyrgyz school in the United States, aimed at providing a high-quality education with a curriculum rooted in Central Asian traditions alongside the Cambridge Educational System.