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HUD Financing Provides $38.4M Loan For Medical Facilities In Palatine, Waukegan, Chicago, & Elgin

24 South Plum Grove Road
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This Other property located in IL received a loan of $38,400,000 over 3 years ago. The broker of the deal was Joshua Rosen

Four medical facilities located at 24 S. Plum Grove Road, 2217 Washington Street, 5888 N. Ridge Avenue, and 50 N. Jane Drive have been involved in a recent transaction. These properties are situated in the markets of Palatine, Waukegan, Chicago, and Elgin. The loan for this transaction was obtained through HUD Financing, amounting to $38,400,000. Joshua Rosen, representing Walker & Dunlop, acted as the broker in this deal.

Summary of transaction details

  • Property Type: Medical Facilities
  • Transaction Amount: $38,400,000
  • Address: 24 S. Plum Grove Road, 2217 Washington Street, 5888 N. Ridge Avenue, and 50 N. Jane Drive
  • Market: Palatine, Waukegan, Chicago, and Elgin
  • Lender: HUD Financing

Joshua Rosen from Walker & Dunlop played a crucial role as the broker in this transaction. Through their representation, the loan was successfully secured for the medical facilities deal.

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Deals
  • Location
    24 South Plum Grove Road24 South Plum Grove Road
  • Loan Value
    $38,400,000$38,400,000
  • Asset Type
    OtherOther
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Joshua Rosen

Joshua Rosen

Deals4
Financed$161.3M

Agency

Walker & Dunlop

Walker & Dunlop

Agency
Deals609
Volume$76.5B

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Deal Summary

LOAN IMAGE: Joshua Rosen DATE: 10/03/2020 ADDRESS: 24 S. Plum Grove Road, 2217 Washington Street, 5888 N. Ridge Avenue, & 50 N. Jane Drive MARKET: Palatine, Waukegan, Chicago, & Elgin ASSET TYPES: Medical Facilities LENDER: HUD Financing LOAN AMOUNT: $38,400,000 BROKERS: Joshua Rosen - Walker & Dunlop

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24 South Plum Grove Road

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