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Inland Green Capital LLC Acquires Multifamily Property In New Lenox, IL For $21.1M Loan

232 North Prairie Road
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This MultiFamily property located in IL received a loan of $21,125,000 over 1 year ago.

Located at 232 N. Prairie Rd in New Lenox, IL, this multifamily property comprises 220 units. The property was involved in a closed transaction, with a loan amount of $21,125,000. The loan was a construction loan, specifically a C-PACE Financing. The deal took place on September 14, 2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $21,125,000
  • Market: New Lenox, IL
  • Units: 220
  • Loan Terms: Construction Loan
  • Loan Type: C-PACE Financing

Inland Green Capital LLC, represented by Jason Stringer, is the landlord of this property. Jason Stringer serves as the landlord's representative in this deal.

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  • Location
    232 N. Prairie Rd, New Lenox, IL232 N. Prairie Rd, New Lenox, IL
  • Loan Value
    $21,125,000$21,125,000
  • Asset Type
    MultiFamilyMultiFamily

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Deal Summary

LOAN IMAGE: Jason Stringer DATE: 09/14/2022 ADDRESS: 232 N. Prairie Rd MARKET: New Lenox, IL ASSET TYPE: Multifamily ~ UNITS: 220 LANDLORD: Inland Green Capital LLC - Jason Stringer LOAN AMOUNT: $21,125,000 LOAN TERMS: Construction Loan LOAN TYPE: C-PACE Financing

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