Maverick News

rebusinessonline.com

Rebusinessonline.com Article by Maverick Commercial Mortgage – Exclusive France Media Survey Shows Lenders Are Placing Their Bets on Multifamily, Industrial Sectors

An overwhelming percentage of direct lenders and financial intermediaries believe the multifamily and industrial sectors provide the most attractive financing opportunities for the lending community today, according to France Media’s 11th annual reader forecast survey. Conversely, the hotel and office sectors offer the least attractive financing opportunities, say survey participants.    Read more: Exclusive France […]

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Wicker Park MF Press Release

Maverick Commercial Mortgage Closes A $1,240,000 Acquisition Loan For A Six Unit Multi-Family Property On Chicago’s Northside

Matthew S. Cohen of Maverick Commercial Mortgage is proud to announce the closing of an acquisition loan for a six unit multi-family property in Chicago’s Wicker Park neighborhood. The property is in close proximity to Wicker Park and equidistant to the bustling intersections of North, Damen, and Milwaukee Avenues as well as Division, Ashland and […]

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Phoenix, Arizona MF

Maverick Commercial Mortgage, Inc. Announces A $4,710,000 First Mortgage Loan on Two Multi-Family Properties In Phoenix, Arizona

Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of a first mortgage loan for 3002 and 3012 North 40th Street in Phoenix, Arizona. The subject properties include a 13-unit and 14-unit complex that have been completely renovated. The renovations included gut rehabs of the interiors that feature new countertops, updated cabinets, […]

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100-106 S. Oak Park Press Release

Maverick Commercial Mortgage, Inc. Announces $1,304,000 First Mortgage On Oak Park, Illinois Mixed-Use Property

Maverick Commercial Mortgage, Inc. closed a $1,304,000 first mortgage on a two-story retail and general office property located in downtown Oak Park, Illinois. The two-story masonry constructed building was built in 1911. It is constructed of red brick and has ornamental prairie style limestone detailing. The property is listed on the National Register of Historic […]

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Global Local

Global, Local Investment in Multifamily Continues at Record Pace

IMG raises $60,000 per minute during a live, 45-minute webinar; and FCP Closes a $1.188 billion fund. Given that multifamily is a tangible, income-producing asset class that receives the most favorable financing treatment and historically tends to appreciate in value, sponsors and fund managers are seeing record demand for apartment investments. That’s how Neil Schimmel, […]

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Maverick Commercial Mortgage Closed A $4,395,000 Bridge Loan On 17 To Be Built Condominiums Located in Chicago, Illinois

Benjamin L. Kadish of Maverick Commercial Mortgage is proud to announce the closing of a $4,395,000 bridge loan for a project that upon completion, will consist of 17 for sale condominiums. 15 of which are market rate and two are affordable. There will be seven two bed x two bath units and ten three bed […]

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Maverick Commercial Mortgage Closed A $26,515,000 Bridge Loan On 67 To Be Built Condominiums Located in Chicago, Illinois

Benjamin L. Kadish of Maverick Commercial Mortgage is proud to announce the closing of a $27,500,000 bridge loan for a project that upon completion, will consist of 52 for sale townhomes and 15 for sale condominiums. Eight of the 15 condominiums will be affordable. The property will also feature a clubhouse available for use by […]

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Maverick’s Cohen Arranges 30-Year Loan for Ukrainian Village Apartments

Matthew S. Cohen of Maverick Commercial Mortgage closed a 30-year fixed-rate loan for a non-owner occupied three-unit multifamily property located at 944 N. Wood in the Near West Side’s Ukrainian Village neighborhood. Financial terms weren’t disclosed… Read more: https://www.connectcre.com/stories/mavericks-cohen-arranges-30-year-loan-for-ukrainian-village-apartments/

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Lenders chase small multifamily deals

Agency lenders, banks, life companies, conduits and private money lenders are all seeking multifamily loans this year and with so much competition in the space, lenders will have to drop loan minimums in order to win deals. Expect small-balance multifamily lending to be a highly desired segment throughout the rest of the year, especially with […]

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