News

Maplepark Marketplace

Maverick Commercial Mortgage, Inc. closes loan for $1,580,000 for Maplepark Marketplace.

Maplepark Marketplace is a community retail and service center located at the southwest corner of 115th Street and Halsted Ave in Chicago. The timing from initial inquiry to funding was 60 days on this fixed rate loan request.Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of a 10 year fixed rate […]

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Mobile Home Funding texas

Maverick Commercial Mortgage, Inc. Announces $9,530,000 First Mortgages On Two Mobile Home Parks in Texas

Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of a two first mortgage loans for Summer Haven Mobile Home Park and Holiday Acres Mobile Home Park. Summer Haven Mobile Home Park is located at 650 Summer Haven in Forney, Texas. The park features 105 mobile home sites. Forney Texas is in […]

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Chicago Wicker Park

Maverick Commercial Mortgage Closes Freddie Mac Loan in the Amount of $2,670,000 for Chicago Multi-Family Property

Matthew S. Cohen of Maverick Commercial Mortgage is proud to announce the closing of a Freddie Mac loan for a 13-unit multi-family property located in the Wicker Park neighborhood of Chicago, Illinois. Collateral for the financing included a beautiful timber-loft style building featuring 13 units comprising a mix of 2-bedroom and 1-bedroom units. All apartments […]

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Thriving Under Rugged Conditions

Thriving Under Rugged Conditions

Throughout the COVID-19 pandemic, commercial-property owners and investors have seen the hospitality, retail and office sectors grapple with the impact of working and staying at home. Yet commercial real estate transactions are still closing in the multifamily-housing sector. In particular, manufactured-housing communities (MHCs) have shown resiliency during the pandemic. As the growth in housing costs […]

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Maverick Commercial Mortgage Closes $4.5M financing for North Texas Manufactured Housing Communities

Maverick Commercial Mortgage Closes $4.5M financing for North Texas Manufactured Housing Communities

Maverick Commercial Mortgage closed on the first mortgage for Hillcrest and Chiesa Manufactured Housing Communities. Hillcrest MHC is located at 2500 Forth Worth Drive in Denton, Texas and Chiesa Estates is located at 7400 Chiesa Road in Rowlett, Texas. Hillcrest MHC sits on 5.84 acres in an “enterprise zone” which encourages more commercial development. Because […]

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Maverick Commercial Mortgage closes $4.5M financing for North Texas manufactured housing communities

Maverick Commercial Mortgage closes $4.5M financing for North Texas manufactured housing communities

Maverick Commercial Mortgage closed on the first mortgage for Hillcrest and Chiesa Manufactured Housing Communities. Hillcrest MHC is located at 2500 Forth Worth Drive in Denton, Texas and Chiesa Estates is located at 7400 Chiesa Road in Rowlett, Texas. Hillcrest MHC sits on 5.84 acres in an “enterprise zone” which encourages more commercial development. Because […]

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Maverick Commercial Mortgage Arranges Two Loans Totaling $5.2M for Refinancing of Chicago Multifamily Portfolio

Maverick Commercial Mortgage Arranges Two Loans Totaling $5.2M for Refinancing of Chicago Multifamily Portfolio

CHICAGO — Maverick Commercial Mortgage has arranged two Fannie Mae loans in the amounts of $3.3 million and $1.9 million for the refinancing of a six-building multifamily portfolio located on Chicago’s North Side. The portfolio totals 36 units in the Lakeview, Wrigleyville and Wicker Park neighborhoods. The 10-year, fixed-rate loans have loan-to-value ratios of 55 […]

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Texas Manufactured Housing Community Lands $5M Loan

Texas Manufactured Housing Community Lands $5M Loan

Maverick Commercial Mortgage has arranged a $4.5 million loan for the 98-site Oak Haven Estates in Arlington, Texas. The 10-year financing was limited to 71 percent loan to value and featured a more than 30 year amortization period. Morgan Stanley Bank originated the debt, according to public records. Proceeds from the loan were used to […]

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Maverick Commercial Mortgage Closed A $4,500,000 First Mortgage on Oak Haven Estates Manufactured Housing Community Located in Arlington, Texas-arlington-texas/

Maverick Commercial Mortgage Closed A $4,500,000 First Mortgage on Oak Haven Estates Manufactured Housing Community Located in Arlington, Texas

Benjamin L. Kadish of Maverick Commercial Mortgage is proud to announce the closing of the first mortgage for Oak Haven Estates Manufactured Housing Community. Oak Haven Estates is located at 415 North East Street in Arlington, Texas. The subject property is located on the east side of North East Street, and the west side of […]

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Maverick Commercial Mortgage closes on $4.5M in financing for Arlington, Texas manufactured housing community

Maverick Commercial Mortgage closes on $4.5M in financing for Arlington, Texas manufactured housing community

Maverick Commercial Mortgage closed a $4,500,000 first mortgage on Oak Haven Estates manufactured housing community located at 415 N. East Street in Arlington, Texas. The 10-year fixed-rate first mortgage was limited to 71 percent loan to value. The loan was non-recourse and amortized over a 30- year period. Proceeds from the first mortgage paid off […]

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