Lakes at 8201

Overview

Deal Type Agency Lending
Commercial Lending
Size $74,630,000

Summary

The transaction includes a $74,630,000 ($118,838/unit) non-recourse, first mortgage loan secured by a 628-unit garden style apartment complex known as Lakes at 8201 located in Merrillville, IN. Built in between 1992 to 1993, the Property consist of 628, 1- 2- and 3-bedroom units in 20 residential buildings. Additional buildings include an office/clubhouse, and 13 garages (245 garage spaces), situated on a 36.66-acre land. The proposed loan will be used for acquisition. The loan is structured with a 7-year term, and subsequent to a 4-year interest only period, amortizes on a 30-year schedule.

Recent Deals

July 2025

kodiak

a portfolio company of

courtsquare

divested

kodiak partner

to a

Private Investor Consortium

Exclusive Sell-Side Advisor

kodiak-interiors-group-llc
July 2025

beacon

acquired

ascension borgess

from

ascension

Financial Advisor

beacon-health
July 2025

a portfolio company of 

and

$1.815 Billion

Senior Secured Credit Facilities

$900 Million

8.50% First Lien Secured Notes due 2032

Joint Lead Arranger
Joint Bookrunner

radiology-partners
June 2025

allied

$245 Million

Senior Secured Credit Facilities

Debt Advisor

allied

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