HUD 223 Lends $12.1M For 285-Unit Multifamily In Champaign, IL
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This MultiFamily property located in IL received a loan of $12,120,800 about 3 years ago. The brokers of the deal were Matthew (Matt) Stearns and Raymond Zanca
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- Location1862 Valley Road, Champaign, Illinois, USA
- Loan Value$12,120,800
- Asset TypeMultiFamily
- Parties2 Brokers, 1 Agency
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Deal Summary
LOAN
IMAGE: Matt Stearns & Raymond Zanca
DATE: 03/01/2021
ADDRESS: 1862 Valley Road
MARKET: Champaign, IL
ASSET TYPE: Multifamily ~ SF: 256,230 ~ UNITS: 285
LENDER: HUD 223
BROKERS: Matt Stearns & Raymond Zanca - @BlackBearCapitalPartners
LOAN AMOUNT: $12,120,800
LOAN TERMS: 35-years fixed at 2.30%, non-recourse
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1862 Valley Road
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