YES, WE HAVE MONEY TO LEND!

CIC does multifamily acquisition/rehab deals that others can’t.

       We can strengthen your bottom line 12 ways:

• Construction and long-term loan in one process
• Expedited acquisition loans for experienced developers
• No payments during construction

• 20-year term, 25-year amortization
• Strong customer service, including expert construction advice
• For experienced developers, a line of credit

• Flexibility to finance more than 80% LTV with extensive rehab
• No prepayment penalty

• We close and service our own loans

• No legal fees at closing
• “Take-out” loans for buildings with an estimated completion date

• A tailored, can-do approach to every loan.

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

IF YOU:

• Own a multifamily rental building of 5+ units in Cook County, and
• Are willing to allow program staff to review the energy bills for the building...

  Then you are eligible for

ENERGY SAVERS

Energy is one of the least predictable operating costs in multi-family buildings. We can help!  We're offering loans at 2% [rate subject to change].          Click here or on Mr. Energy Saver (the blue house) for more information, or an application on paper (PDF) or online  (will take you away from this site). 

Partial funding for suburban Energy Savers provided by The Grand Victoria Foundation.

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

Apartment Property FOR SALE by CIC:

                           Mixed-Use (10 + 3) in Woodlawn

                             6-unit multifamily in Roseland

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

If you currently own and manage property--

or are just thinking about it...

Learn Multifamily Property Management From CIC  

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

Don't Blame the CRA, Expand It!    Commentary by Jack Markowski (PDF)