CHICAGO—Alliant Capital LLC, a debt financier for the multifamily industry, assisted a client on the closing on a portfolio of six multifamily properties located along Chicago’s north side totaling $35 million.
This transaction was originated by Aaron Abelson, Alliant’s senior vice president for the Midwest region. The portfolio loan was closed at a note rate of 2.68 percent and structured with a five-year fixed rate term and a 30-year amortization.
Alliant did not divulge the purchasing company. Alliant is comprised of five independent companies with assets under management in excess of $9.2 billion.