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Eastern Union Arranges $16M for Indiana Condo Conversion Project

Summary by Connect CRE
Eastern Union has secured $15.9 million in financing toward the condo conversion of River Rock Apartments, a five-floor, 82-unit, mixed-use property located at 116 West Mishawaka Avenue in Mishawaka, Indiana. Built in 2015 and 2016, the property includes 82 residential units totaling 79,775 square feet and eight commercial units spanning 4,385 square feet, which will remain after conversion. The site also features a 31,027-square-foot parking ga…
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Connect CRE broke the news in on Tuesday, October 7, 2025.
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