$55,710,000

Naperville, IL

Naperville, IL

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.

Ready for What’s Next?

Talk to the A10 team to discover a lending platform designed for innovative structuring and execution certainty.

Ready for What’s Next?

Talk to the A10 team to discover a lending platform designed for innovative structuring and execution certainty.

Ready for What’s Next?

Talk to the A10 team to discover a lending platform designed for innovative structuring and execution certainty.