Pangea 22

Location: Chicago, Illinois
Type: Multifamily
Price: $18.945,000

SMC has provided an $18,945,000 ten-year fixed rate mortgage for the refinance of 22 non-contiguous, apartment buildings. The Portfolio includes 22 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.