Maverick News

4 Dec

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

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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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3 Dec

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

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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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3 Dec

Texas Manufactured Housing Community Lands $5M Loan

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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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1 Dec

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

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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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1 Dec

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

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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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10 Nov

Maverick Commercial Mortgage Closed A First Mortgage Loan For A Portfolio Of Four Multi-Family Properties in Chicago, Illinois

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Matthew S. Cohen of Maverick Commercial Mortgage is proud to announce the closing of a $2,500,000 first mortgage loan for a portfolio of multi-family properties located on the north and west side of Chicago, Illinois. Collateral for the first mortgage represented four buildings and a combined 20 units located in the Lincoln Square and Ukrainian […]

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16 Oct

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

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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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16 Oct

Maverick Commercial Mortgage Closed A $4,500,000 First Mortgage on Hillcrest and Chiesa Manufactured Housing Communities Located in Rowlett, Texas

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Benjamin L. Kadish of Maverick Commercial Mortgage is proud to announce the closing of the first mortgage for Hillcrest and Chiesa Manufactured Housing Communities. Hillcrest MHC is located at 2500 Forth Worth Drive in Denton, Texas. The park is situated on 5.84 acres. Hillcrest MHC is located in an “enterprise zone” which encourages more commercial […]

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13 Oct

Maverick Commercial Mortgage Closed A $1,850,000 Acquisition Loan On A 13 Unit Apartment Complex In Phoenix, Arizona

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Benjamin L. Kadish of Maverick Commercial Mortgage is proud to announce the closing of the acquisition and rehab loan for a 13 unit apartment project in Phoenix, Arizona with a new east coast based small balance debt fund. The subject property is located at 3012 North 40th Street in Phoenix, Arizona. The subject property is […]

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8 Oct

Maverick Commercial Mortgage Closed A $2,550,000 Acquisition Loan on a 28,240 Square Foot Retail Property Located in Chino Hills, California

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Benjamin L. Kadish of Maverick Commercial Mortgage is proud to announce the closing of the acquisition loan for a 28,240 square foot single-tenant retail property located in Chino Hills, California. The subject property is a 28,240 net rentable square foot 99 Cents Only store located at 4050 Chino Hills Parkway in Chino Hills, California. The […]

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