InSite Property Group Secures $42.1M Construction Loan For Industrial Property In Yorkville

The industrial property located at 424 East 90th Street in Yorkville has been involved in a recent closed transaction. The property spans an area of 29,004 square feet and is classified as an industrial asset.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $42,139,156
• Market: Yorkville
• Lender: ACORE Capital
• Landlord: InSite Property Group
• Loan Type: Construction

The key individuals and companies involved in this transaction are ACORE Capital, who provided the loan, and InSite Property Group, who acted as the landlord. The loan amount for this construction project amounted to $42,139,156.