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Commercial Hard Money Lending

Commercial Hard Money Lending If you’re looking for a way to get funding for commercial property, our team at Private Lending Group can help. We are reliable commercial hard money lenders with the capability to offer loans from $250,000 to $5,000,000. A lack of funding shouldn’t stand in the way of your ability to take [...]

By | February 12th, 2018|Commercial Lending|0 Comments

Chicago real estate market shows a rise in prices and home purchase

Chicago real estate market 2018 The rise in the Chicago real estate market continues to drive the demand in the residential market and multi-family developments. This outcome continues to attract buyers to Chicago’s core neighborhoods. 2017 was a year of uncertainty in many economic and political aspects influencing the real estate market. On one hand, [...]

By | February 6th, 2018|Borrower News, Investor News, Real Estate News|0 Comments

Illinois housing market swings into spring with jump in home sales, prices

Illinois housing market swings into spring with jump in home sales, prices The Illinois housing market had a strong showing in January with home sales climbing 9.6 percent over previous-year levels. The statewide median price surging 10.7 percent higher,according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in January 2018 totaled 13,274 [...]

By | July 20th, 2017|Acquisitions, Borrower News|0 Comments

Housing recovery lags other big metro areas

Housing recovery lags other big metro areas Of the nation's ten largest metro areas, Chicago has the smallest share of homes that have recovered to their pre-recession peak values. The culprit: Chicago's slow growth in three inter-connected spheres—jobs, income and population—relative to the other big cities. Just 7.6 percent of the homes in Chicago area [...]

By | July 6th, 2017|Borrower News|0 Comments

Midpriced suburbs market tightens

Tight inventory, which has plagued the Chicago and national real estate markets for a few years now, keeps getting tighter in mid priced suburbs. Tightest among them are Glendale Heights, where the supply of homes on the market at the end of February was enough to fuel just 1.4 months of sales, Elk Grove Village [...]

By | June 27th, 2017|Commercial Lending|0 Comments

Upside to hard money commercial loans

Upside to hard money commercial loans First, you need to understand what hard money commercial loans are. The definition of "hard money commercial" in real estate financing is essentially a non-bankable loan. The name hard money is frequently interchanged with "no-doc" or private loans. For a hard money commercial loans, the underwriting decisions are based [...]

By | April 18th, 2016|Commercial Lending|0 Comments

Leading Hard Money Lender In Chicago

If you need a hard money lender in Chicago and surrounding areas Chicago Rehab Loans is your premier financing lender. Of all the hard money lenders in Chicago Rehab Loans offers the fastest and most flexible financing. There are times when bank loans and slow processing time just won’t do. Riverdale can offer you privately [...]

By | March 24th, 2016|Hard Money|0 Comments

What is Residential Hard Money Lending?

What is Residential Hard Money Lending? The definition of “residential hard money” when referred to in real estate financing, is essentially a non-bankable loan on an investment single family home (or duplex). The name residential hard money is frequently interchanged with “no-doc”, private loans, bridge loans, etc… For a residential hard money loan, the underwriting [...]

By | March 18th, 2016|Hard Money|0 Comments