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Northern Suburbs of Chicago - Cash Out Refinance Loan
Niles / Park Ridge, IL
Client : A Chicago suburban based operator specializing in multi-family apartment buildings.
Transaction : Cash out refinancing for two multi-family apartment buildings in Park Ridge, IL and Niles, IL.
Challenge : Quick close around the holidays.
Opportunity : Our client needed the quick cash out liquidity to take advantage of another real estate opportunity.
Action : Sherpa Capital Group LLC provided cash out proceeds at a sub 50% loan to value.
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