October 2, 2021
Commercial Lending
Financial Services
Real Estate

Robinson Franzman represented Florida-based Apollo Equity Capital, LLC in the structuring and closing of a $106 million CPACE funded construction loan

Robinson Franzman represented Florida-based Apollo Equity Capital, LLC in the structuring and closing of a $106 million CPACE funded construction loan

Robinson Franzman represented Florida-based Apollo Equity Capital, LLC in the structuring and closing of a $106 million construction loan for the development of an 11-parcel assemblage outside of Chicago, Illinois. The loan was made to real estate developer, Hawthorne Development Corporation, and will be used to construct and develop a mixed-use community including a 344 unit multifamily apartment complex and over 10,000 square feet of retail. The loan was partially funded by Commercial Property Assessed Clean Energy (C-PACE) funds and tax-incremental financing (TIF) bonds for the development of energy efficient improvements.

The Robinson team representing Apollo Equity Capital, LLC was led by Todd N. Robinson and Michael R. Wing.

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