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Follow on Google News | WorldBanc Financial Group of Dublin " Creative Financial Solution "Indiana based developer Michael Siegel just closed on a $15.5 million development loan that was orignated by Marcus Williams commercial loan officer at WorldBanc Financial Group of Chicago.
By: Michael Siegel His latest development Clasteton Commons Mall the second largest out door mall in northeastern Indianapolis. The mall is 100% leased with anchor tenants that would include Macy's, Ashley Stewarts and Lines N Things. The mall also includes two food courts, LA fitness center and a four star restaurant. The loan was orignated by WorldBanc Financial Group of Chicago a ohio based company who provided a $15.5 million dollar loan through private placement financing and closed within 45 days. The loan closed in March of 2008 and the loan officer Marcus Williams stated that it was a very smooth and fast transaction.When the developer is well capitized with a proven track record deals such as this are easy. WorldBanc Financial Group of Chicago Chicago Illinois 60606 877-204-BANC 708-596-9702 # # # WorldBanc Financial Group,ULP is umbrella limited partnership based in Dublin Ohio. Our focus is commercial real estate financing our target audience is builders ,developers and commercial real estate brokers. WorldBanc Financial Group of Dublin 545 Merto Place South Suite 100 Dublin Ohio 43017 Chicago Illinoisn 60606 877-204-2262 708-596-9702 End
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