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2005 N Prospect Ave
Financing
Oct 12, 2023
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Metrics
CMBS
structure
$11.5M
amount
10
term years
6.97%
interest rate
Fixed
fixed vs floating
N/A
financing types
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structure:
CMBS
Bridge Loan
CMBS
EB-5
Equity
Mezzanine Debt
Preferred Equity
Senior Loan
amount:
term years:
interest rate:
fixed vs floating:
Fixed
Fixed
Floating
financing types:
Bridge Loan
CMBS
Construction
EB-5
Refi
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Properties
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2005 N Prospect Ave
2005 N Prospect Ave, Champaign, IL, 61822
Organizations
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IPA Capital Markets
Borrower's Representative
Stonefield Investment Advisors
Borrower
Undisclosed
Lender
People
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Borrower's Representative
Adam Mengacci
Stories
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Institutional Property Advisors Arranges $11.5M in Acquisition Financing for a Community Shopping Center in Champaign, IL
Source: citybiz
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Commercial Observer