Maverick Article: Commercial Real Estate Heirs Need More Than Capital to Thrive Read More: https://bluetoad.com/publication/?m=62351&i=733231&p=42&ver=html5
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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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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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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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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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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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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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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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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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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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