France Media reached out to leading direct lenders and financial intermediaries from across the region to gain their perspective on the challenges and opportunities in the year ahead, factors most affecting the lending environment, plus the property sectors to watch in 2018. Ben Kadish, industry veteran and President of Maverick Commercial Mortgage, gives us his […]
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Maverick Commercial Mortgage Inc. recently closed a first mortgage loan on a 22,000-square-foot automotive dealership in Orland Park, according to Maverick President Benjamin L. Kadish. The property is a dealership occupied by CJ Wilson Mazda. Improvements on the 3.32 acre site were completed in 2003 and renovated in 2017. CJ Wilson operates two automotive dealerships […]
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Mobile home parks usually suffer from a dowdy image of small communities occupied by buildings that are modest and nondescript – at best. That image could be polished, slightly, as a few states are enabling buyers of mobile homes to qualify for Fannie Mae loans. In New Hampshire, occupants of approved resident-owned communities (ROCs) can […]
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A Chicago-based mortgage banking firm made a $22 million loan to finance construction of an apartment building in Clearwater. The 132-unit apartment development, called The Strand, is unfolding at a 15-story building in downtown Clearwater, which originally was developed as an office building. The owner of the property is 1100 Cleveland LLC. Prior to the […]
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ROCs are mobile home cooperatives that are owned by the residents, much like a multi-unit co-op in a large city. Mobile home parks usually suffer from a dowdy image of small communities occupied by buildings that are modest and nondescript—at best. That image could be polished, slightly, as a few states are enabling buyers of […]
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