The Multifamily Portfolio, consisting of 2,791 units and 174,963 square feet of commercial space, located in Chicago and Los Angeles, has undergone a significant refinancing deal. The loan amount for this transaction totaled $1 billion, including $875 million in primary financing and $125 million in mezzanine debt. The lenders involved in this refinancing were Wells Fargo, Citi Real Estate Funding, and Goldman Sachs. The landlord, Duncan Wlodarczak of Onni Group, was instrumental in securing this refinancing package.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $1,000,000,000
• Address: Multifamily Portfolio
• Market: Chicago & Los Angeles

Onni Group, represented by Duncan Wlodarczak, collaborated with major financial institutions including Wells Fargo, Citi Real Estate Funding, and Goldman Sachs to execute a five-year, fixed-rate refinancing deal for the extensive eight-tower apartment portfolio across two prominent markets. This refinancing provided the necessary financial structure to support the continued operation and growth of this substantial real estate asset.