Recently Funded Loans

The Lodge at Allendale
The Lodge at Allendale

Location: Allendale, MI Funding Source: Bank Amount: $21,350,000 Transaction: Construction to permanent financing

The Jefferson Building
The Jefferson Building

Location: Fredericksbug, VA Funding Source: Life Insurance Company Amount: $8,250,000 Transaction: Permanent financing for Class A office with a small cash out component

The Whitcomb
The Whitcomb

Location: St. Joseph, MI Funding Source: Bank Amount: $7,000,000 Transaction: Cash out refinance for a senior living center

Nordic Village Apartments
Nordic Village Apartments

Location: Peoria, IL Funding Source: Life Insurance Company Amount: $2,500,000 Transaction: Permanent financing for market rent apartments

Springbrook Shopping Center
Springbrook Shopping Center

Location: Bloomingdale, IL  Funding Source: Life Insurance Company  Amount: $16,000,000  Transaction: Permanent financing for retail property.

WellPointe Medical Building
WellPointe Medical Building

Location: Rochester Hills, MI  Funding Source: Capital markets Amount: $19,000,000  Transaction: Permanent financing for newly constructed doctor-owned medical office. Non-recourse.

Plaza of Birmingham
Plaza of Birmingham

Location: Birmingham, MI  Funding Source: Life Insurance Company Amount: $13,750,000  Transaction: Permanent financing for high end office property at prime location.

Estancia Executive Center
Estancia Executive Center

Location: Tinley Park, IL  Funding Source: Life Insurance Company Amount: $6,400,000  Transaction: Office/warehouse

Winthrop Club Condominiums
Winthrop Club Condominiums

Location: Evanston, IL  Funding Source: Bank  Amount: $47,000,000  Transaction: Construction loan for high quality condo project.

Elk Trail Retail Center
Elk Trail Retail Center

Location: Carol Stream, IL Funding Source: Life Insurance Company Amount: $1,350,000 Transaction: Acquisition financing for a neighborhood retail center

Grand Junction Manufactured Housing
Grand Junction Manufactured Housing

Location: Grand Junction, CO Funding Source: CMBS Amount: $2,600,000 Transaction: Permanent financing for an age restricted mobile home park

Indianapolis Multi-Family
Indianapolis Multi-Family

Location: Indianapolis, IN  Funding Source: Bridge Lender Amount: $5,750,000  Transaction: Bridge loan for property rehabilitation

Deerfield Tech Center
Deerfield Tech Center

Location: Deerfield, IL  Funding Source: Life Insurance Company Amount: $5,000,000  Transaction: Office/tech building

New Lenox/Montgomery Retail
New Lenox/Montgomery Retail

Location: New Lenox & Mongtomgery, IL  Funding Source: Life Insurance Company Amount: $2,900,000  Transaction: Permanent financing for multi-tenant retail Property

Roseland Medical Center
Roseland Medical Center

Location: Chicago, IL  Funding Source: Life Insurance Company  Amount: $4,400,000  Transaction: Permanent financing for newly constructed south side of Chicago medical office and retail project.

The Clarity Building
The Clarity Building

Location: Beverly Hills, CA Funding Source: Capital markets Amount: $28,000,000  Transaction: Financed acquisition, 80% of purchase price.

Hills of Aberdeen
Hills of Aberdeen

Location: Valparaiso, IN  Funding Source: Capital markets Amount: $16,500,000  Transaction: Full leverage permanent financing provided to facilitate subsequent sale.

Wal-Mart
Wal-Mart

Location: Duncan, OK Funding Source: Life Insurance Company Amount: $7,650,000  Transaction: 23 year fixed rate loan; 20 year lease term.

Southlawn Industrial
Southlawn Industrial

Location: Rockville, MD Funding Source: Life Insurance Company Amount: $4,000,000 Transaction: Permanent financing for a multi-tenant industrial property

Lake County Multi-Family
Lake County Multi-Family

Location: Lake County, IL  Funding Source: Freddie Mac Small Balance Amount: $2,100,000  Transaction: Cash out refinance for multifamily property

Westgate Shopping Centre
Westgate Shopping Centre

Location: Creve Couer, MO  Funding Source: Life Insurance Company Amount: $4,000,000  Transaction: 10 year fixed rate loan with 5 year rate adjustment, aggressive rate for moderate leverage transaction.

Beacon Hill Apartments
Beacon Hill Apartments

Location: Auburn Hills, MI  Funding Source: HUD 223(f) Amount: $29,280,000  Transaction: Permanent refinancing

Param Apartments
Param Apartments

Location: Villa Park, IL Funding Source: HUD 223(f) Amount: $23,000,000 Transaction: Permanent Financing for Residential Property

Clinton Manor Apartments
Clinton Manor Apartments

Location: Harrison Township, Michigan Funding Source: HUD 223(f) Amount: $4,000,000 Transaction: Permanent Financing for Residential Property

Caswell Town Center Retail
Caswell Town Center Retail

Location: Troy, Michigan Funding Source: Life Insurance Company Amount: $3,100,000 Transaction: Permanent Financing for office property

Warris Farms Apartments
Warris Farms Apartments

Location: Westland, MI Funding Source: HUD 223(f) Amount: $11,500,000 Transaction: Permanent Financing for Residential Property

Clybourn Office & Retail
Clybourn Office & Retail

Location: Chicago, IL Funding Source: Life Insurance Company Amount: $11,650,000 Transaction: Permanent financing for combination Class A office and retail property

Andover Woods Townhome Apartments
Andover Woods Townhome Apartments

Location: Rochester Hills, MI Funding Source: Life Insurance Company Amount: $7,500,000 Transaction: Construction to permanent financing

Ward Office Building
Ward Office Building

Location: Rockville, MD Funding Source: Life Insurance Company Amount: $5,225,000 Transaction: Permanent financing for Class A office

Rochester Hills Office Center
Rochester Hills Office Center

Location: Rochester Hills, MI Funding Source: Life Insurance Company Amount: $3,300,000 Transaction: Permanent Financing of Office Property