Chicago-based Capital Fund Services (CFS), a related company of Cinnaire, arranged financing for a six apartment-home multifamily asset on the Southside of Chicago, Illinois.
“The borrower is new to Chicago and we were pleased to help fund this smaller loan request as well as arrange a development line of credit,” said Loan Originator Paul De Kruiff, of Capital Fund Services. “It is great to see private capital investing in the neighborhood – we want to support that much needed investment activity,” said De Kruiff.
CFS was able to deliver the half million dollar loan the borrower was seeking on-time and as promised.