Recent Deals

Our Commercial Real Estate Team can give your business the momentum it wants and the financing solutions1 it needs. Below are a handful of recent deals . . . connect with a First Midwest Commercial Real Estate Team Member today.

$5,000,000 - Elgin, IL

The Business
Value add industrial.

The Need
Acquisition and renovation financing.

The Solution
Provided funding to acquire and fund costs to renovate for new tenant.

$900,000 - Mount Prospect, IL

The Business
Local multi-family owner/operator.

The Need
Refinance on recently renovated and stabilized property in Mount Prospect.

The Solution
Provided a long term fixed rate loan with cash out.

$1,100,000 - Chicago, IL (University Village)

The Business
Local mixed use owner/operator.

The Need
Debt consolidation on two contiguous properties located in University Village neighborhood of Chicago.

The Solution
Provided a fixed rate loan to consolidate debt and lower interest rate.

$2,500,000 - Evanston, IL

The Business
Local multi-family owner/operator.

The Need
Funds for refinance of apartment property located in Evanston.

The Solution
Provided a long term fixed rate loan as well as a revolving line of credit for unit upgrades and property improvements.

$16,700,00 - Clayton, MO

The Business
National real estate investor.

The Need
Funds to acquire, renovate and lease office building.

The Solution
Provided acquisition financing and a pari passu line of credit for major capital improvements. Also provided a parre passu line for leasing costs to stabilize the property.

$40,000,000 - Chicago, IL (Lakeview)

The Business
Commercial real estate developer.

The Need
Funds to construct a single tenant, build-to-suit grocery store.

The Solution
Worked as lead arranger to provide a construction loan for the vertical construction and interior build-out of the stand alone grocery store.

$19,000,000 - Chicago, IL (Old Town)

The Business
Multi-family property developer.

The Need
Funds to refinance a land loan and construct a multi-family property with ground floor retail.

The Solution
Provided a construction loan to demolish the existing structure, construct the mixed use property.

$29,640,000 - Lombard, IL

The Business
Industrial property owner, developer and investor

The Need
Funds to acquire an industrial portfolio, complete property repairs and lease up the remaining space.

The Solution
Provided acquisition financing, capital, tenant improvements and leasing costs for the improvement and restabilization of the property.

$12,675,000 - Northfield, IL

The Business
Office building owner.

The Need
Funds to refinance an office property in the Northern suburbs.

The Solution
Provided a long term fixed rate loan to refinance the property.

$6,400,000 - Chicago, IL (Lakeview)

The Business
Local retail property/owner operator

The Need
Cash out Floating Rate Refinance.

The Solution
Refinance accommodated future move out of existing anchor and pre-lease to new anchor with cash out for TI, LC and Cap Ex.

$25,000,000 - Chicago, IL (Loop)

The Business
Office.

The Need
Funds to acquire office building and future lease up and capital expenses.

The Solution
Provided acquisition financing, tenant improvement and lease commission costs.

$6,500,000 - Chicago, IL (River North)

The Business
Chicago office building investor.

The Need
Funds to refinance high-end office condominiums.

The Solution
Provided long-term fixed rate loan to refinance stabilized showroom/office condominiums.

Get Connected

Connect with a Commercial Banker to add a little momentum to your business today.

David Hall
Dave.Hall@FirstMidwest.com
(708) 831-7311


Heidi Smithson
Heidi.Smithson@FirstMidwest.com
(708) 831-7478

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