MINNEAPOLIS, MN - The Minneapolis office of Colliers Mortgage | Commercial Finance, part of Colliers International | U.S., recently closed a $5 million loan for Washington Park Apartment Portfolio in Chicago, Illinois.
The subject Loan will provide acquisition, renovation, and bridge financing for the 67-unit Washington Park Apartment portfolio spread across five buildings on six scattered sites in Chicago totaling approximately 1.26 acres.
Colliers Mortgage | Commercial Finance serves as lead lender and servicer of the loan.
About Colliers Mortgage | Commercial Finance: Colliers Mortgage | Commercial Finance, part of Colliers International, offers a comprehensive range of products and services designed to meet our clients’ financing, funding and capitalization needs. Our experts are available to help clients access federal agency loan programs, structure competitive financing packages for borrowers and lenders, or identify capital sources for capitalization requirements. Our commercial finance experts specialize in the origination, funding and servicing of commercial real estate and equipment leasing nationwide. Currently servicing in excess of $10.0 billion of loans.
About Colliers International Group Inc. Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 62 countries, our 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.3 billion and more than $65 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.