PRESS ROOMNEWS RELEASE
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Inland Mortgage Capital, LLC Announces Closing of More Than $155 Million in Loans
May 17, 2017Oak Brook, Ill. – Inland Mortgage Capital, LLC (“Inland Mortgage Capital”), a private lender specializing in intermediate-term mortgages for value-added commercial real estate in need of bridge financing, today announced it closed on more than $155 million in loans since 2015.
These loans funded projects across 14 states in a variety of commercial real estate sectors including retail, multifamily, industrial, self-storage and office. Of the more than $155 million in loans, $72.6 million was for retail, $39.4 million for multifamily, $22 million for industrial, $13.4 million for self-storage and $8.3 million for office.
“We are very pleased with our accumulative loan totals, and have a steady pipeline in applications,” said Art Rendak, president of Inland Mortgage Capital. “We have originated approximately 23 loans in this two year period and hope to double production in 2017 with $100 million of new deals. We continue to seek similar small-balance loan opportunities to increase our portfolio.”
Inland Mortgage Capital provides non-recourse bridge loans in amounts of $3 to $12 million that are used for value-added projects.
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About Inland Mortgage Capital, LLC
Inland Mortgage Capital, LLC is an experienced private lender specializing in intermediate-term mortgages for value-added commercial real estate in need of bridge financing. We provide non-recourse loans targeted for projects with opportunistic characteristics. For more information, please visit www.inlandmtg.com.
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Oak Brook, Ill. – Inland Real Estate Acquisitions, Inc. announced today that it negotiated and helped close the purchase of...
Oak Brook, Ill. – The Inland Real Estate Group of Companies, Inc., one of the nation’s largest commercial real estate and...
Oak Brook, Ill. – Inland Securities Corporation (“Inland Securities”), the exclusive dealer-manager and placement agent for real estate...
Inland Securities Corporation Welcomes Sarita Vishakanta as Vice President – Broker Dealer Relations
Oak Brook, Ill. – Inland Securities Corporation (“Inland Securities”), the exclusive dealer-manager and placement agent for...
Oak Brook, Ill. – Inland Real Estate Acquisitions, Inc. announced today that it facilitated the acquisitions of four medical...
Oak Brook, Ill. – Inland Securities Corporation (“Inland Securities”), the exclusive dealer-manager and placement agent for...
Oak Brook, Ill. – Inland Securities Corporation (“Inland Securities”), the exclusive dealer-manager and placement agent for real estate...
Oak Brook, Ill. – Inland Real Estate Brokerage & Consulting, Inc. (“Inland Brokerage & Consulting”) announced today...
Oak Brook, Ill. – Inland Real Estate Acquisitions, Inc. announced today that it facilitated the acquisition of The Radiology...
Oak Brook, Ill. – Inland Real Estate Investment Corporation (“Inland Investments”), one of the nation’s largest sponsors of...