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Eastern Mortgage Capital Provides $24.1M in Financing for Multifamily Property in Central Illinois

Summary by REBusinessOnline
MAHOMET, ILL. — Eastern Mortgage Capital has provided a $24.1 million HUD 223(f) loan for Solace at Mahomet, a 194-unit multifamily property in the central Illinois city of Mahomet. Peter Panagako of Eastern Mortgage Capital originated the loan. Eastern Mortgage Capital is a Massachusetts-based HUD-insured lender. The post Eastern Mortgage Capital Provides $24.1M in Financing for Multifamily Property in Central Illinois appeared first on REBusin…
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REBusinessOnline broke the news in on Wednesday, January 28, 2026.
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