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Meridian Capital Group Arranges $40M Refinancing Loan For Schaumburg Multifamily Property

201 West Remington Lane
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This MultiFamily property located in IL received a loan of $40,000,000 about 2 years ago. The brokers of the deal were Steven Helmreich and Elliot Treitel

The property involved in the transaction is a multifamily asset located at 201 W. Remington Ln in Schaumburg. It consists of 529 units.

Summary of transaction details:

The loan for this transaction was obtained for a refinancing amount of $40,000,000. It is a 10-year loan with the purpose of refinancing the property.

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Deals
  • Location
    201 West Remington Lane, Schaumburg, IL 60195201 West Remington Lane, Schaumburg, IL 60195
  • Loan Value
    $40,000,000$40,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Steven Helmreich

Steven Helmreich

Deals1
Financed$40M

Agency

Meridian Capital Group

Meridian Capital Group

Agency
Deals2414
Volume$65.9B

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Deal Summary

LOAN IMAGE: Steven Helmreich & Elliot Treitel DATE: 01/01/2022 ADDRESS: 201 W. Remington Ln MARKET: Schaumburg ASSET TYPE: Multifamily ~ UNITS: 529 BROKERS: Elliot Treitel & Steven Helmreich - Meridian Capital Group LOAN AMOUNT: $40,000,000 LOAN TYPE: Refinancing Loan LOAN TERMS: 10-year loan

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201 West Remington Lane

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