$55,710,000
Transaction Type
Refinance
Loan Type
Bridge Loan
Loan Term
3 Years + 2x1 Year Extensions

Highlights
Refinance of a 174-unit, Class A luxury senior housing community in a highly desirable suburb in Chicago, ranked high for livability, safety, school quality, and low crime.
Brand-new, age-restricted (55+) apartments with luxury amenities in a strong demographic area.
At closing, the property was in initial lease-up, so A10’s bridge loan provided the sponsor with the time needed to lease to stabilization.
Experienced sponsorship group who has demonstrated strong support for the asset.