Maverick News

Maverick Commercial Mortgage Closed A $2,685,398 First Mortgage For Shadeland Manufactured Housing Community in Shadeland, Indiana

Benjamin L. Kadish of Maverick Commercial Mortgage is proud to announce the closing of the first mortgage for Shadeland Manufactured Housing Community (MHC) located at 2351 State Road 25 W in Shadeland, Indiana. The community has 48 lots that are currently 98% occupied. The fixed-rate first mortgage has a term of five years and after […]

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Maverick Commercial Mortgage Closed A $6,127,000 First Mortgage Loan with Centier Bank For Chase Center Office Building located in Lafayette, Indiana

Benjamin L. Kadish of Maverick Commercial Mortgage is proud to announce the closing of a $6,127,000 first mortgage loan with Centier Bank for the Chase Center Office Building located at 201 Main Street in Lafayette, Indiana. The property is an existing office building containing 128,574 square feet of gross building area, of which 85,806 square […]

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Maverick Commercial Mortgage Closed $18,279,350 in First Mortgages for a Five Property Portfolio of Manufactured Housing Communities located in Oklahoma, Texas, and Florida

Benjamin L. Kadish of Maverick Commercial Mortgage is proud to announce the closing of the financings for the following manufactured housing communities: Lakeside Estates MHC is located at 200 Devault Street in Umatilla, Florida and consists of 114 pads. Amenities include a clubhouse, pool, shuffleboard, and docks at the lake. The borrowers plan to purchase […]

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Maverick Commercial Mortgage Funds A $13,500,000 First Mortgage For An Industrial Property in Niles, Illinois

Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of a first mortgage loan on a 360,000 net rentable square foot industrial—flex—office complex in Niles, Illinois. The borrowers are a partnership between Harley Kahn of REA Commercial Real Estate and JDI Realty. Kahn is an experienced real estate operator, manager, and owner. […]

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Maverick Commercial Mortgage funds a $10,250,000 First Mortgage Loan For Byrnes Mills MHC in House Springs, Missouri

The subject property is a 372 site manufactured housing community. This community is situated in Jefferson County, which includes the greater St. Louis Metropolitan area. The community is an all age neighborhood providing both a peaceful retirement setting and suitable environment for family life. The property has an outdoor pool and clubhouse, along with much […]

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Maverick Commercial Mortgage Closed A $2,062,500 Acquisition Loan For A 152 Site Manufactured Housing Community Located in Middlefield, Ohio

Benjamin L. Kadish of Maverick Commercial Mortgage is proud to announce the closing of an acquisition loan on a 152 site manufactured housing community known as Middlefield MHC. Middlefield MHC is located in Middlefield, Ohio. The community features a management office, off-street parking, and storage units. The non-recourse loan which is subject to standard carve-outs, […]

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Maverick Commercial Mortgage, Inc. Announces $12,700,000 First Mortgage On Four Manufactured Housing Communities in Springfield, Illinois and Des Moines, Iowa

Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of a first mortgage loan on behalf of MHPI, Inc. The four manufactured housing communities are owned and managed by MHPI, Inc. The portfolio of manufactured housing communities represented 303 total pads. Three of the communities located in Springfield were built within the […]

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Maverick Arranges $22.5 million in First Mortgages for Indiana Portfolio

Maverick is proud to announce the closing of four first mortgage loans on the following portfolio of multi-family properties: Breckenridge Apartments in located in Portage, IN and is a 168 multi-family property with amenities. Point West and Point West II are manufactured housing communities located in West Lafayette, Indiana that provide easy access to Purdue […]

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