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 Tri-Star in April of 2012 and has intensively rehabbed dozens of dilapidated homes, brought many new singles and doubles, and is financing home purchases to residents through an affiliated, licensed dealer, according to Kadish.