$4,800,000 – South Elgin, IL

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In November of 2013, Emerald Creek Capital provided a one-year $4,800,000 commercial bridge loan secured by two retail strip centers totaling 47,600 SF located roughly 30 miles outside of Chicago. The properties are in a high traffic and affluent area with great visibility. Emerald Creek’s bridge loan enabled the borrower to refinance the existing mortgages and help pay off a CMBS loan that was approaching maturity.

For more information, please contact:

Mark Penna, CFA Managing Partner, Co-Founder
(800) 313-2616
mpenna@emeraldcreekcapital.com

 

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