THE GUILD
Chicago . Illinois
The revival of the South Loop. Stunning views of Lake Michigan, Grant Park and the City Skyline. A modern 174 unit building in the South Loop of Chicago.
Provided financing programs and strategy for our developer partner, Sabal Financial to achieve gross sales over $60 Mil in two years. Additionally, we intrtoduced affroable finanicng programs from Fannie Mae, FHA, and VA - first of its kind in the market since the recession.
Results accomplished with The Federal Saving Bank
• Over $60 million in gross sales over two years. The sellout of the building was the catalyst for the revival of the South Loop
• Partnership with the seller and broker allowed us to execute the financing strategy as the Preferred Lender and achieve our goals
• VA & FHA approvals secured and were utilized for 20% of the units that were financed
• Fannie Mae PERS approval secured when the 51% presale mark was reached. First Fannie Mae PERS approval in the city of Chicago since the recession