Rebusinessonline.com Article by Maverick Commercial Mortgage – Maverick Commercial Mortgage Arranges $63.2M in Permanent Financing for Mobile Home Park in Bourbonnais, Illinois
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BOURBONNAIS, ILL. — Maverick Commercial Mortgage Inc. has arranged $63.2 million in permanent financing for Tri-Star Estates, a mobile home park in Bourbonnais, about 50 miles south of Chicago. The property, which consists of 853 pad sites across 157 acres, was developed in three phases beginning in 1965. The current owner acquired Tri-Star in April 2012 when 380 homes were occupied.