JDI Realty Secures $5.65M Refinance Loan For Retail Property At 902 North State Street

The property asset involved in this transaction is a retail space located at 902 North State Street in Chicago. The total square footage of the property is 5,800. The loan amount provided for this asset is $5,650,000, which equates to a loan per square foot of $974. This financial support is categorized under a refinance loan type.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,650,000
• Loan Type: Refinance
• Loan Per SF: $974
• Asset Size: 5,800 SF
• Address: 902 North State Street
• Market: Chicago
• Landlord: JDI Realty
• Brokers: Ben Kadish & Dylan Batman - Maverick Commercial Mortgage

In this transaction, the landlord is JDI Realty, who retains ownership of the property following the financing arrangement. The brokers representing this deal are Ben Kadish and Dylan Batman from Maverick Commercial Mortgage, actively facilitating the refinance process for the landlord.