Chicago real estate Revere Capital Lending

Loan Highlights

  • Location: Chicago, IL
  • Product Type: Retail
  • Loan Amount: $22,250,000

Description

Retail

Revere Capital funded a $22,250,000 loan for the acquisition of a 123,500 square-foot retail center located in Chicago, IL. The center has an excellent leasing history and is currently 93% leased to regional and national tenants. The center is a vital resource to the surrounding community.

  1. Property consists of three multi-tenant buildings along with a single-tenant Walgreens and an adjacent pad under negotiation with Starbucks.
  2. Property is occupied by several national and regional tenants.
  3. Shadow anchored by a call center that provides heavy daily foot traffic, in addition to the dense local neighborhood.