News

Maverick Secures $93,835,000 Acquisition and Renovation Loan for Deconversion of River City Condos

Maverick Commercial Mortgage secured the funding for a $93,835,000 first mortgage loan for the acquisition and renovation of the River City condominium development in Chicago’s South Loop neighborhood. The non-recourse, interest-only loan was funded by Silverpeak Argentic, a national bridge and CMBS lender. This complex deal took more than three years to complete, and it marks the largest condo deconversion to date in Chicago. Read more at REJournals.

Maverick Commercial Mortgage | Site by theSOULwithin | © 2022