New Owner Banking on Vacant Chase Building

Vacant Office Reposition
Mount Prospect, IL
$5,300,000

Newport Capital provided $5.3 million to finance the acquisition and rehabilitation of a vacant bank building on 2.18 acres in Mount Prospect, IL. The borrower, an existing client, is using the funds to perform light renovations for the new tenant of the asset, located in Chicago’s Schaumburg submarket.

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