COHEN FINANCIAL SECURES $12 MILLION LOAN FOR ILLINOIS MULTIFAMILY PROPERTY

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MOUNT PROSPECT, ILL. — Cohen Financial has secured a $12 million loan for a multifamily property in Mount Pleasant. The borrower is using the loan to refinance the 222-unit property. Dan Rosenberg of Cohen's Chicago office arranged the 35-year, fixed-rate loan with an 85 percent loan-to-value through Oak Grove Capital, a national multifamily lender. The borrower is a Chicago-based multifamily property investor and manager.

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