Tuesday, November 21, 2017

CIC Chicago

Mark Fenzel

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Mark Fenzel of Copper Realty LLC was another repeat Award winner this year with an 18-unit building at 6153 South ML King Drive, which had been foreclosed. Fenzel combined a CIC loan (Ted Brzyski was his loan officer) with cash to purchase the partly-occupied building. He improved security and unit ...

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John Brauc

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John Brauc received his third Award in as many years with his purchase and renovation of 1131-41 East 79th Place, a 36-unit building. More which had been without gas for three months at the time he acquired it, and its units were mostly vacant. Upon learning the building’s boiler and ...

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Greg Sorg

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Greg Sorg purchased a challenging 12-unit building located at 5837 West Washington Boulevard with CIC financing through his loan officer, Dave Price. Vacant for three years and a hangout for drug traffickers and gangs, it now features some of the most affordable high-quality three- and four-bedroom units in Austin. Fully ...

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Chicagoland’s Leading Multifamily Rehab Lender

Community Investment Corporation, Chicagoland’s Leading Multifamily Rehab Lender, is a not-for-profit mortgage lender that provides financing to buy and rehab multifamily apartment buildings with five units or more in the six-county metropolitan Chicago area. We also offer Property Management Training to help owners and managers better market, manage, maintain and ...

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Apartment Property for Sale by CIC

          Sample photo; does not represent any of the actual properties for sale. Two-story mixed commercial/residential at 1953 W. 63rd Street 6-unit multifamily at 4914 N. Spaulding 26-unit multifamily at 1860-66 S. Komensky 6-unit multifamily at 6218-20 S. King Drive 29-unit multifamily at 8049 S. Maryland ...

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Use Our Money to Buy/Rehab Apartments

CIC does multifamily acquisition/rehab deals that others can’t. And we are capitalized with a $400 million loan pool guaranteed by 34 banks, so we have money to lend.      We can strengthen your bottom line 12 ways: Construction and long-term loan in one process Expedited acquisition loans for experienced developers ...

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CIC Awarded $2 Million MacArthur MACEI Grant

CIC Receives 2012 MacArthur Award for Creative and Effective Institutions On February 16, 2012 the John D. and Catherine T. MacArthur Foundation named Community Investment Corporation as a recipient of the MacArthur Award for Creative and Effective Institutions. The award recognizes CIC’s work in preserving affordable multifamily housing through lending ...

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CIC Wins Two ULI Vision Awards

CIC won TWO of the first-ever ChicagoVision Awards from the Urban Land Institute at an event at the Bridgeport Art Center June 6. There were five winners in the (real estate) Project category, and five in the Program category. Of the five possible Program awards, CIC won two: Energy Savers, ...

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