CHICAGO, ILLINOIS (November 8, 2019) – Jeff Frankel arranged the $8 million refinance of Westchester Apartments, a multifamily property located in Kenosha, Wisconsin.
– 10-year term
– NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
– Permanent-fixed loan
“The subject is a multifamily apartment complex consisting of ten buildings totaling 168 units. The buildings were constructed from 1986-1991 and are a mix of traditional units and condo style units with attached garages and in-unit laundry facilities.”
– Jeff Frankel