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Logica Services Acquires 22-Unit Multifamily Property In Chicago For $1.28M Loan From Arbor Realty Trust

8001 South Justine Street
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This MultiFamily property located in IL received a loan of $1,285,000 over 2 years ago.

The multifamily property located at 8001 S Justine St in Chicago has recently undergone a transaction. The property consists of 22 units and is owned by Logica Services. The deal involved an acquisition loan provided by Arbor Realty Trust, with David Tevis serving as the lender's representative. The loan amount for this transaction was $1,285,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,285,000
  • Address: 8001 S Justine St
  • Market: Chicago
  • Units: 22
  • Lender: Arbor Realty Trust - David Tevis
  • Landlord: Logica Services

Detailed information about the individuals involved in this deal is as follows. David Tevis represented Arbor Realty Trust as the lender's representative. He played a crucial role in facilitating the acquisition loan for the multifamily property at 8001 S Justine St. Logica Services, the landlord of the property, was the seller in this transaction.

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Deals
  • Location
    8001 South Justine Street, Chicago, IL 606208001 South Justine Street, Chicago, IL 60620
  • Loan Value
    $1,285,000$1,285,000
  • Asset Type
    MultiFamilyMultiFamily

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Deal Summary

LOAN IMAGE: David Tevis DATE: 11/15/2021 ADDRESS: 8001 S Justine St MARKET: Chicago ASSET TYPE: Multifamily ~ UNITS: 22 LENDER: Arbor Realty Trust (@ArborRealtyTrust) - David Tevis (@DavidmTevis) LANDLORD: Logica Services LOAN AMOUNT: $1,285,000 LOAN TYPE: Acquisition Loan

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