Inland Closes $44M in Non-Recourse Bridge Loans in Q2 2026
Inland Mortgage Capital, LLC, a member company of The Inland Real Estate Group of Companies, Inc., announced that it closed nearly $44 million in non-recourse, first-mortgage bridge loans across four projects in California, Illinois, and Wisconsin.
The four projects included a $6.2 million non-recourse acquisition loan for a 44,000-square-foot shallow-bay industrial project in Paramount, California, and a $9.6 million non-recourse loan refinancing for a 32,000-square-foot collection of buildings in the Lincoln Park neighborhood of Chicago.
Additionally, Inland closed a $16.5 million non-recourse loan refinancing for a three-story, mixed-use property in downtown Naperville, Illinois, consisting of retail and office space, as well as a $11.5 million non-recourse loan refinancing for a hotel conversion to multifamily use in Madison, Wisconsin.
Since its inception in 2003, Inland Mortgage Capital, LLC, has originated more than $1 billion in non-recourse first mortgage bridge loans nationwide in a variety of asset classes, including multifamily, hospitality, industrial, self-storage, student housing, office, mixed-use, and retail.
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Investor Group Closes Construction Loan for Dripping Springs 55+ Housing Project
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Brokers
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Remax Professionals
Re/Max Real Estate Professionals | New York
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout