FINANCEDRetail
Morris Betesh, Jack McPhail, Alex Ellman & Joseph Kean Of Arrow Real Estate Advisors Secures $20,085,000 Refinance Loan For Retail Asset In Chicago
$20,085,000
Building Size
—
Asset Type
Retail
Closing
Jun 22, 2026
About this deal
AI
The property asset involved in this transaction is a retail asset located in Chicago, IL. The total loan amount for this refinance transaction is $20,085,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $20,085,000
- Loan Type: Refinance
- Market: Chicago, IL
- Landlord's Rep: Morris Betesh, Jack McPhail, Alex Ellman & Joseph Kean - Arrow Real Estate Advisors
The individuals involved in this transaction include Morris Betesh, Jack McPhail, Alex Ellman, and Joseph Kean, who represent the landlord through Arrow Real Estate Advisors.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93