Maverick News

17 Sep

Global, Local Investment in Multifamily Continues at Record Pace

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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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14 Sep

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

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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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14 Sep

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

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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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26 Aug

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

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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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5 Aug

Lenders chase small multifamily deals

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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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26 Jul

Maverick Commercial Mortgage Closes 30-Year Fixed-Rate Loan For Non-Owner Occupied Chicago Multi-Family Property

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Matthew S. Cohen of Maverick Commercial Mortgage is proud to announce the closing of a 30-year fixed-rate loan for a nonowner occupied 3-unit multi-family property located in the Ukrainian Village neighborhood of Chicago, Illinois. The building is a gut rehab with three, 2 bed x 2 bath, soft-loft style apartments. The apartments are top of […]

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7 Jul

Maverick Commercial Mortgage, Inc. Announces $8,550,000 In First Mortgages On Three Mobile Home Parks in Oklahoma

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Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of two first mortgage loans collateralized by the following three manufactured housing communities: Midway Estates is a 116 site community located 20 miles northeast of Tulsa, Oklahoma. Since acquisition, the borrowers have made aesthetic renovations to the homes and paved roads to the […]

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24 Jun

Maverick Commercial Mortgage, Inc. Announces A $9,750,000 First Mortgage Construction Loan On A Manufactured Housing Community Located in Sequim, Washington

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Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of a first mortgage construction loan on a to-be-built 217 site manufactured housing community that will be known as Lavender Meadows. Lavender Meadows Park is a proposed manufactured housing community with 217-double wide lots, two car off-street parking, pocket parks, and a club […]

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2 Jun

Maverick Commercial Mortgage, Inc. Announces $6,150,000 First Mortgage On Mobile Home Park in Fort Worth, Texas

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Benjamin L. Kadish, President of Maverick Commercial Mortgage, Inc. announces the closing of a first mortgage loan for Leisure Living Manufactured Housing Community located in Fort Worth, Texas. Leisure Living is a 124 site community. It is located in a quiet and country setting. All home sites have phone, cable TV, and internet access by […]

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2 Jun

Maverick Commercial Mortgage Closed A $1,200,000 First Mortgage Loan On a Multi-Family Rental Building in Chicago, IL

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Matthew Cohen of Maverick Commercial Mortgage is proud to announce the closing of a first mortgage loan for 930 West Sheridan Road in Chicago, Illinois. 930 West Sheridan is a 12 unit multi-family residential rental building in the Lakeview neighborhood of Chicago. The $1,200,000 loan has a term and amortization of 30 years. The loan […]

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