News

17 Apr

Maverick Arranges $5.4M Bridge Loan for Mobile Home Community in Fenton, Missouri

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Maverick Commercial Mortgage has arranged $5.4 million in bridge and subsequent permanent financing for Ravinia Estates in Fenton. The 217-site mobile home community spans 74 acres at 1103 Robindale Drive. Maverick arranged the 10-year loan on behalf of the borrower, JWW Robinland LLC. The bridge loan enabled the borrower, a private real estate investment firm, […]

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2 Mar

The Right Financing for Your Deal is out There

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Commercial banks may be tightening their lending standards, but capital is still available if you know how and where to find alternatives. Many banks are being conservative because of leasing challenges and fears of oversupply in some markets — particularly with respect to market-rate multifamily construction in downtown locations. Read Full Article >

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2 Mar

Changing Perceptions, Changing Financing in Manufactured Housing

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Manufactured Housing Communities are rapidly evolving—and so how sources of capital view the communities. Over the two-plus decades that Maverick Commercial Mortgage has been involved in funding loans for manufactured housing communities (MHC) across the Midwestern United States, the perception of the category, the ownership structures, and the types of deals have all evolved. Read […]

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7 Feb

2018 Lenders Insights – 5 Questions with Ben Kadish

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France Media reached out to leading direct lenders and financial intermediaries from across the region to gain their perspective on the challenges and opportunities in the year ahead, factors most affecting the lending environment, plus the property sectors to watch in 2018. Ben Kadish, industry veteran and President of Maverick Commercial Mortgage, gives us his […]

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27 Dec

A Year to Challenge Financing Market Assumptions

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France Media reached out to leading direct lenders and financial intermediaries from across the region to gain their perspective on the challenges and opportunities in the year ahead, factors most affecting the lending environment, plus the property sectors to watch in 2018. Ben Kadish, industry veteran and President of Maverick Commercial Mortgage, gives us his […]

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17 Nov

Maverick Closes on Orland Park Mazda

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Maverick Commercial Mortgage Inc. recently closed a first mortgage loan on a 22,000-square-foot automotive dealership in Orland Park, according to Maverick President Benjamin L. Kadish. The property is a dealership occupied by CJ Wilson Mazda. Improvements on the 3.32 acre site were completed in 2003 and renovated in 2017. CJ Wilson operates two automotive dealerships […]

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7 Nov

Fannie may finance mobile homes in resident-owned parks

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Mobile home parks usually suffer from a dowdy image of small communities occupied by buildings that are modest and nondescript – at best. That image could be polished, slightly, as a few states are enabling buyers of mobile homes to qualify for Fannie Mae loans. In New Hampshire, occupants of approved resident-owned communities (ROCs) can […]

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28 Oct

Clearwater apartment development attracts $22 million construction loan

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A Chicago-based mortgage banking firm made a $22 million loan to finance construction of an apartment building in Clearwater. The 132-unit apartment development, called The Strand, is unfolding at a 15-story building in downtown Clearwater, which originally was developed as an office building. The owner of the property is 1100 Cleveland LLC. Prior to the […]

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23 Oct

Fannie Mae Programs Add Luster to Competitive Mobile Home Park Sector

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ROCs are mobile home cooperatives that are owned by the residents, much like a multi-unit co-op in a large city. Mobile home parks usually suffer from a dowdy image of small communities occupied by buildings that are modest and nondescript—at best. That image could be polished, slightly, as a few states are enabling buyers of […]

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