WE HAVE MONEY TO LEND!

WHY should you choose CIC?

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- or 30-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 for ARMs

• Fixed-rate loans for qualified experienced developers

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

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

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FOR SALE by CIC:

NEW! Mixed-Use (10 + 3) in Woodlawn

20-unit multifamily in Maywood

15-unit multifamily in Auburn Gresham

6-unit multifamily in Roseland

              UNDER CONTRACT: 19-unit multifamily in Park Manor

UNDER CONTRACT: 18-unit multifamily in Park Manor

UNDER CONTRACT: 14-unit multifamily on the South Side

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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...

You are eligible for a NEW program:

ENERGY SAVERS

Energy is one of the least predictable operating costs in multi-family buildings. We can help!  We're offering loans at HALF of prime rate.

Click here or on Mr. Energy Saver (the blue house) for more information,                        or an application (PDF).

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If you currently own and manage property--

or are just thinking about it...

Learn Multifamily Property Management From CIC