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December 18, 2024 – St. Louis, MO – As the new[...]
PROPERTY NAME: Wrigleyville North Apartments
PROPERTY ADDRESS: 949 W. Dakin Street, Chicago, IL 60613
LOAN AMOUNT: $34.9 Million
LOAN CODE/SECTION: FHA Section 221 (d)(4)
UNITS: 120 + 13,000 square feet of commercial space and various retail establishments
Chicago Office Loan Closing
This project is on track to achieve a National Green Building Standard Certification. A NGBS certification demonstrates high-performance building in six areas: Lot Design and Development, Resource Efficiency, Water Efficiency, Energy Efficiency, Indoor Environmental Quality, and Building Operation & Maintenance
“We are proud to be a part of this exciting transit-oriented development just 2 and a half blocks from Wrigley Field. Chicago Based Developer, Draper and Kramer, Inc. is one of the oldest real estate firms in the country and their vision for this multifamily project will transform this neighborhood,” said Bruce Sandweiss, President, Multifamily and Healthcare Division.
Amenities Include:
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For more information about our FHA Multifamily financing services, please visit: www.gershman.com/commercial-mortgages/