Selevan, Roeschlaub, Shrier and Wasserman of CFL secure $24.575 million

Chesterfield Faring, Ltd (CFL), the real estate investment bank, has secured $24.58 million in financing for an institutional multifamily owner on 338-unit class A multifamily asset. The ten-year mortgage fixed rate financing, which features an 18-month interest-only period followed by a 30-year loan amortization schedule, was provided by a conduit lender. CFL has also structured a programmatic joint venture between Iridium Capital/Income Fund and a Private Equity Source to acquire single-tenant retail stores throughout the United States. CFL raised the debt for the initial portfolio acquisition of 10 Dollar General stores for the joint venture. The five-year mortgage fixed rate financing features a 1-year interest only period, followed by a 30 year loan amortization schedule, which was also provided by a conduit lender. The CFL team on these transactions were led by Larry Selevan, Jordan Roeschlaub, Jordan Shrier and Craig Wasserman. Chesterfield Faring, Ltd. is a premier real estate investment banking firm specializing in real estate and corporate finance. CFL provides a broad range of best-in-class real estate investment services to private and institutional clients, on a national and international basis.