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Chicago & Midwest  + Greater Chicagoland  + Finance  | 

Inland Mortgage’s Small-Balance Program Hits $200M

Inland Mortgage Capital’s small-balance, non-recourse bridge program has reached $200 million in closed loans. The Oak Brook, IL-based lender has funded projects across 16 states through the program, with loan balances generally between $3 million and $15 million.

“The demand for small-balance, non-recourse financing has been on the rise and we are capitalizing on the opportunity,” said Art Rendak, president of IMC. “Inland Mortgage Capital has proven that there is a sustainable need for private debt capital for smaller commercial real estate projects, and we continue to look for new loan opportunities to increase our portfolio.”

IMC launched the small-balance program in 2015. The projects funded through the program have run the gamut of traditional asset classes including multifamily, industrial and retail, as well as student housing projects and self-storage facilities.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
  • ◦Development
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