Loan Request for Commercial loan in Robinson, IL, 62454

Request #3762973 by Lender

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Date Posted

9/29/2025 11:23:59 AM

Property at

Robinson, IL, 62454, USA Show Map

Borrower at

Houston, TX, 77095, USA Show Map

Property Type

Commercial

Property Value

$30,000,000

Loan Request

$17,000,000

LTV

56.67 %

Credit Rating

780 or more

Loan Purpose

Purchase and Construction

Purpose

This is a bridge loan request for 12-18 mos. for the construction of a 156 unit MFU in Robinson IL. The appraised value is around $27M with a 65%LTV. This loan will be taken out by a HUD Loan which is already in place.

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Loan Request for Commercial loan in Robinson, IL, 62454