PR.com: Business Directory, Press Releases, Jobs, Products, Services, Articles
 
Businesses Articles Press Releases Follow @PRcom
Press Release Pricing | News by Category | News by Country | News by US Region | Recent News | PR.com News on Your Site
 

Press Releases

 
First National

Press Release

Share      Blog

Receive press releases from First National: By Email PDF Version RSS Feeds:

First National Closes $22.7 Million Single Family Rental Development Loan in Chicagoland


First National, a financial industry independent lender with over 30 years of history, has closed another complex, multi-property residential development transaction.

First National Closes $22.7 Million Single Family Rental Development Loan in Chicagoland
New York, NY, May 12, 2021 --(PR.com)-- First National is pleased to announce the closing of a $22.7 million first mortgage loan to refinance debt and provided capital for the construction of two single-family rental communities totaling 234 units. The loan is secured by more than 1,500 residential lots totaling more than 1,750 buildable units, located in the suburban Chicago, IL markets of Antioch, Elgin, Gilberts and Yorkville.

First National is a direct lender originating; underwriting; making; and servicing loans for acquisition, bridge, construction, and refinance across all commercial real estate asset classes with a specialty in golf, resorts, marinas, and selective land transactions. The First National lending team is deeply experienced allowing for quick lending decisions and expedited closings. For more information call us today or visit our website.
Contact Information
First National
Angela Feldman
212-244-7400
Contact
firstna.com

Click here to view the list of recent Press Releases from First National
Promote Your Business