CHICAGO, ILLINOIS — Essex Capital Markets, LLC is pleased to announce the successful financing of two Chicago multifamily properties located at 1826 N. Wood Street in Bucktown and 1928 W. Henderson Street in Roscoe Village. The financing consisted of two separate loans under a single sponsor, combining an acquisition loan and a refinance to support the client’s continued portfolio growth.
Transaction Summary
- Loan Type: Acquisition Financing & Refinance
- Properties: 1826 N. Wood Street & 1928 W. Henderson Street, Chicago, Illinois
- Property Type: Multifamily Apartment Buildings
- Neighborhoods: Bucktown & Roscoe Village
- Total Financing: More than $1.89 Million
- Lender Type: National Banks
- Capital Markets Team: Director Asher Motew and Director Quinn Keenan
Financing Overview: Bucktown Acquisition and Roscoe Village Refinance
On behalf of the sponsor, Directors Asher Motew and Quinn Keenan arranged financing through national banking partners, coordinating an acquisition loan and a refinance under a single financing strategy.
Together, the loans totaled more than $1.89 million and featured competitive fixed interest rates, allowing the sponsor to capitalize on a new acquisition while strengthening the overall financing strategy across both assets.
“This was one of those feel-good transactions,” said Director Asher Motew. “Our client has been building a real estate portfolio for more than 15 years alongside a full-time career. The moment we got the call that an acquisition opportunity came up, we strategically paired his unencumbered asset on Henderson to unlock equity and fund the purchase at Wood without over-leveraging either property. Even when unexpected hurdles arose during the process, our team stayed focused on execution, kept the closing timeline intact, and ultimately delivered financing with banking partners that are invested in the sponsor’s long-term success.”
Bucktown and Roscoe Village Multifamily Financing Market
Bucktown and Roscoe Village continue to rank among Chicago’s most desirable multifamily investment neighborhoods, driven by strong renter demand, limited housing supply, and vibrant residential amenities.
Their combination of established housing stock, walkability, and long-term appreciation potential continues to attract investors seeking stable, well-located multifamily assets.
Essex Capital Markets Transaction Team
This transaction underscores Essex Capital Markets’ ability to structure coordinated financing solutions that support both acquisitions and portfolio optimization.
By leveraging deep lender relationships and maintaining disciplined execution throughout the process, the firm continues to help Chicago multifamily investors secure competitive financing while achieving their long-term investment objectives across the city’s most sought-after neighborhoods.
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About Essex Capital Markets
Essex Capital Markets is a Chicago-based commercial real estate mortgage brokerage specializing in debt and equity placement for multifamily, mixed-use, office, retail, industrial, and investment properties. The firm provides customized financing solutions by leveraging relationships with local, regional, and national lending partners.