GlobeSt.com -Reserve at Evanston on the Market

EVANSTON, IL-HFF has been hired to market for sale the Reserve at Evanston, a 193-unit, Class A apartment complex here. HFF is marketing the property on behalf of the seller, a joint venture of Atlantic Realty Partners and Invesco Real Estate. The property is at 1930 Ridge Ave., near the downtown, adjacent to Northwestern University and less than one mile south of Evanston Hospital. Completed in 2003, the property features studio, one-, two- and three-bedroom units averaging 844 square feet each. Residents have access to an outdoor pool and sundeck, fitness center, bbq grill area and an Internet cybercafé and coffee bar. A heated underground garage provides parking for 219 cars and elevators give residents direct access to the garage and all floors of the community. The HFF team is Matthew Lawton, Sean Fogarty and Marty O’Connell.

GlobeSt.com - State To Build $38M Police Forensic Lab - Daily News Article

Commercial Mortgage Chicago Apartment Loan Rates

Apartment Lender Commercial Mortgage Rates FHA FNMA and SMALL Apartment Loans

Updated Apartment Loans Rate Chart

APARTMENT LENDER COMMERCIAL MORTGAGES CHICAGO: FHA 223(f) Multifamily Loan Agency Loan Rates Apri...

APARTMENT LENDER COMMERCIAL MORTGAGES CHICAGO: FHA 223(f) Multifamily Loan Agency Loan Rates Apri...: "FHA 223 F rates are 4.75% for thirty five years - Agency 10 Rate for tier II ten years is 5.84% and the seven year rate is 5.46..."

Chicago Commercial Mortgage Apartment Rates April 1, 2011

Agency Multifamily Loan Rates 10 yr 5.80% - 7 yr 5.50%
Small Apartment Loan Chicago 5.95
FHA 223 (f) 5% $3 M and up 35 yrs

Banks 5-6% 5 years

Commercial Mortgage Apartment Chicago Nationally Rates

FNMA Small Apartment Loans Chicago Apartment Purchase Refinance: http://bit.ly/cd5Xae 5.90% 10 yrs

Small loans $750,000 - $3,000,000 - 5.90% 10 yrs.

Apartment Loan Rates Agency 10 yr. 5.75% - 7 yr 5.40% FHA 223(f) 5% including MIP 35 yrs.

Refinancing of LIHTC apartments - Market Rate Apartments FHA 221(d)4 new construction for apartments.

FHA 232 LEAN financing takes over 6 months for refinances but rates are great.

New construction Assisted Living takes about a year under FHA 232 LEAN new construction.

We are working conventionally on deals

Bank Loans Apartment Commercial Mortgage

Apartment Loans

We have several bank lending programs available for Chicago, WI, MN and IN. rates start in the low 5% for 5 years.

FNMA DUS rates back up to about 5.85% for ten years The small apartment loan runs about 6.10% for ten years.

FHA 223(f) holding steady near 5% 35 years $3 million min.

Healthcare Assisted Living Nursing Home

FHA 232 223(f) just over 5% for 35 years.

FHA 242 Hospital Refinance 5.85% 25 years

Zell-backed venture buys distressed Near West apartments | News | Crain's Chicago Business

Zell-backed venture buys distressed Near West apartments | News | Crain's Chicago Business

A venture backed by a Zell-led investment fund paid more than $13 million for Mod, a 56-unit condominium-turned-apartment development at 1222 W. Madison St., not far from Mr. Zell's West Loop offices.

County records show the venture bought property at the end of December from MB Financial, the project's construction lender, which repossessed the building from its developer about three months earlier.

The sale resulted in a major loss for Chicago-based MB, which filed a $19-million foreclosure suit against the project about a year ago.