Maverick News

11 Jan

On the last day of business in 2022, Maverick Commercial Mortgage, Inc. funded a $6,900,000 loan on three value-add mobile home parks located in the Midwest.

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The portfolio owned and managed by Park Place Communities includes Green Acres, a 225-pad property in Emporia, KS; Maplewoods, a 105-pad property in Odessa, MO; and Milwood MHC, and a 76-pad property in Kalamazoo, MI. The loan was funded by a Midwest debt fund that funds bridge loans on a national basis. All three of […]

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1 Sep

Maverick Commercial Mortgage, Inc. Announces $1,575,000 Financing On Mobile Home Community in Johnson City, TN

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Maverick Commercial Mortgage, Inc. has funded a first mortgage acquisition loan for $1,575,000 with an out of state borrower. The property is a 78 site mobile home community with 156 parking spaces on 6.39 acres of land in Johnson City, TN. The property is operating at 97.4% occupancy. Benjamin Kadish, President of Maverick Commercial Mortgage, […]

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12 Aug

Maverick Commercial Mortgage, Inc. Announces $3,550,000 Permanent Financing On Two Commercial Buildings in Chicago, IL.

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Maverick Commercial Mortgage, Inc. Announces $3,550,000 Permanent Financing On Two Commercial Buildings in Chicago, IL Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of a first mortgage loan on April 11th, 2022 for 8801 and 8835 S Greenwood Ave. This is an acquisition loan on two adjacent industrial buildings on the […]

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4 Aug

Maverick Commercial Mortgage, Inc. Announces $763,000 Permanent Financing On a 12 Unit Multi-Family Property in Chicago, IL.

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Maverick Commercial Mortgage, Inc. Announces $763,000 Permanent Financing On a 12 unit Multi-Family Property in Chicago, IL. Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of a first mortgage loan on August 4th, 2022 for 3257-59 West 62nd Place and 6239-6243 Spaulding Avenue in the Marquette Park neighborhood Chicago, IL. Each […]

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27 Apr

Maverick Commercial Mortgage, Inc. Announces $14,000,000 Permanent Financing On A Home Depot in Chicago, IL

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Maverick Commercial Mortgage, Inc. Announces $14,000,000 Permanent Financing On A Home Depot in Chicago, IL Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of a first mortgage loan on March 31, 2022 for 200 West 87th Street, a triple net leased Home Depot located in Chicago, Illinois. A new ten year […]

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21 Apr

Connectcre.com Article by Maverick Commercial Mortgage – Maverick Commercial Mortgage Refi’s Big Mobile Home in Downstate Illinois

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Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. says Maverick has underwritten a first mortgage loan for Tri-Star Estates, an 853 pad mobile home park located in Bourbonnais, IL, Kadish said in a press release. The 157 acre Tri-Star Estates was developed in three phases with the first in 1965. The current owner acquired […]

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21 Apr

Rebusinessonline.com Article by Maverick Commercial Mortgage – Maverick Commercial Mortgage Arranges $63.2M in Permanent Financing for Mobile Home Park in Bourbonnais, Illinois

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BOURBONNAIS, ILL. — Maverick Commercial Mortgage Inc. has arranged $63.2 million in permanent financing for Tri-Star Estates, a mobile home park in Bourbonnais, about 50 miles south of Chicago. The property, which consists of 853 pad sites across 157 acres, was developed in three phases beginning in 1965. The current owner acquired Tri-Star in April […]

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31 Mar

Maverick Commercial Mortgage, Inc. Announces $63,192,000 Permanent Financing On A 853 Pad Mobile Home Park in Bourbonnais, IL

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Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of a first mortgage loan on March 31, 2022 for TriStar Estates, a 853 pad mobile home park located in Bourbonnais, Illinois. The 157 acre Tri-Star Estates was developed in three phases. The first in 1965. Current owner acquired Tri- Star in April […]

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7 Mar

Maverick Commercial Mortgage, Inc. Announces $10,659,000 First Mortgage On Palm Beach Gardens, Florida Retail Property

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Matthew Cohen of Maverick Commercial Mortgage, Inc. closed a $10,659,00 first mortgage on a 5.46 acre parcel that is ground leased to Costco Wholesale Corporation for operation of a fueling station. The fueling station is adjacent to an existing Costco that opened in 1989 in Palm Beach Gardens, Florida. The 25-year ground lease commenced in […]

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21 Feb

Maverick Commercial Mortgage, Inc. Announces A $50,585,000 Construction Loan On A 205,000 NRSF Shopping Center Located In Ontario, California

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Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of a first mortgage construction loan on a 205,000 NRSF shopping center located at Ontario Ranch Road and Hammer Avenue in Ontario, California. The site consists of 14 acres of zoned commercial land. The sponsors have already leased 142,885 SF of space with […]

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