Len O'Donnell Of Affinius Capital Secures $55 Million Refinance Loan For Venture Park 47 In Huntley IL

The asset involved in this transaction is a 729,823-square-foot industrial facility located at 12150 Jim Dhamer Drive in Huntley, Illinois, situated on 45 acres. The property, known as Venture Park 47, was built in 2023 and is positioned along the I-90 Golden Corridor. It is partially leased to John B. Sanfilippo & Son and has undergone a refinancing process.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $55,000,000
• Lender: Associated Bank
• Landlord: Len O'Donnell - Affinius Capital
• Loan Type: Refinance

The refinancing loan secured by Affinius Capital through Associated Bank replaces a prior construction loan, illustrating ongoing finance activity within the industrial sector despite high vacancy rates. This transaction reflects the strategic financial maneuvers by the landlord in managing and maintaining their asset investments.