Pangea 21

Location: Chicago, Illinois
Type: Multifamily
Price: $17,755,000

SMC has provided a $17,755,000 ten-year fixed rate mortgage for the refinance of 24 non-contiguous, apartment buildings. The Portfolio includes 24 buildings located in the densely populated residential communities on the South side of Chicago, IL.

SMC’s 10-Year loan was structured with full-term interest only payments.