Transaction News, Uncategorized July 23, 2019 Lodge Financial arranges funding for two-property industrial portfolio Skokie, Illinois-based Lodge Financial has arranged financing for a multi-property industrial portfolio. The $4,100,000, cash-out refinance deal had a 75 percent LTV, seven-year term and 25-year amortization. The partial recourse financing had a 4.34 percent fixed rate. Read More
Transaction News, Uncategorized May 6, 2019 Lodge Financial secures acquisition financing for Chicago multifamily property Lodge Financial’s Matthew Bowker recently closed a $975,000 loan for the acquisition of a 12-unit multifamily property located in the West Rogers Park neighborhood of Chicago. The five-year, 5.25 percent fixed loan had a 30-year amortization. Read More