Commercial
$2MM+
At Armitage Street, our Commercial Loan Program helps developers and investors tackle large-scale real estate projects. Whether you’re building multifamily, condominiums, or mixed-use developments, we offer flexible financing starting at $2MM.

Commercial
|
Armitage Street

Commercial
|
Armitage Street

Commercial
|
Armitage Street
The Armitage Advantage
The Armitage Advantage
Our loans provide the certainty of execution to give you the peace of mind to know your project will be funded on time.
Our loans provide the certainty of execution to give you the peace of mind to know your project will be funded on time.

Key Person(s) Guaranty instead of full
No minimum net worth or liquidity requirements

Key Person(s) Guaranty instead of full
No minimum net worth or liquidity requirements

Key Person(s) Guaranty instead of full
No minimum net worth or liquidity requirements

No Appraisal Required
We do not require an appraisal to close

No Appraisal Required
We do not require an appraisal to close

No Appraisal Required
We do not require an appraisal to close

Local Balance Sheet Lender
We do not sell your loan

Local Balance Sheet Lender
We do not sell your loan

Local Balance Sheet Lender
We do not sell your loan
Lending Parameters
Parameter
Terms
Asset Type
Multifamily, Condominium and Mixed-Use
Bridge & Cash-Out
Up to 75% LTC
Up to 70% LTV
Construction
(Value-Add, Gut Renovation and Ground-Up)
Up to 80% LTC
Up to 65% LTV
Recent Projects

Lincoln Square
$8.3MM
Chicago, IL
|
Mixed-Use Condo
Ground-Up Construction

Lincoln Square
$8.3MM
Chicago, IL
|
Mixed-Use Condo
Ground-Up Construction

Lincoln Square
$8.3MM
Chicago, IL
|
Mixed-Use Condo
Ground-Up Construction

West Town
$6.9MM
Chicago, IL
|
Mixed-Use Condo
Ground-Up Construction

West Town
$6.9MM
Chicago, IL
|
Mixed-Use Condo
Ground-Up Construction

West Town
$6.9MM
Chicago, IL
|
Mixed-Use Condo
Ground-Up Construction

Edgewater
$12.5MM
Chicago, IL
|
Mixed-Use Condo
Ground-Up Construction

Edgewater
$12.5MM
Chicago, IL
|
Mixed-Use Condo
Ground-Up Construction

Edgewater
$12.5MM
Chicago, IL
|
Mixed-Use Condo
Ground-Up Construction

Avondale
$2.1MM
Chicago, IL
|
Mixed-Use Multifamily
Gut Renovation

Avondale
$2.1MM
Chicago, IL
|
Mixed-Use Multifamily
Gut Renovation

Avondale
$2.1MM
Chicago, IL
|
Mixed-Use Multifamily
Gut Renovation

West Loop
$3.0MM
Chicago, IL
|
Office
Cash-Out Refinance

West Loop
$3.0MM
Chicago, IL
|
Office
Cash-Out Refinance

West Loop
$3.0MM
Chicago, IL
|
Office
Cash-Out Refinance

Lincoln Park
$2.5MM
Chicago, IL
|
Multifamily
Ground-Up Construction

Lincoln Park
$2.5MM
Chicago, IL
|
Multifamily
Ground-Up Construction

Lincoln Park
$2.5MM
Chicago, IL
|
Multifamily
Ground-Up Construction

West Loop
$6.6MM
Chicago, IL
|
Multifamily
Adaptive Reuse

West Loop
$6.6MM
Chicago, IL
|
Multifamily
Adaptive Reuse

West Loop
$6.6MM
Chicago, IL
|
Multifamily
Adaptive Reuse

West Ridge
$2.0MM
Chicago, IL
|
Multifamily
Value-Add Renovation

West Ridge
$2.0MM
Chicago, IL
|
Multifamily
Value-Add Renovation

West Ridge
$2.0MM
Chicago, IL
|
Multifamily
Value-Add Renovation

East Town
$8.0MM
Milwaukee, WI
|
Multifamily
Adaptive Reuse

East Town
$8.0MM
Milwaukee, WI
|
Multifamily
Adaptive Reuse

East Town
$8.0MM
Milwaukee, WI
|
Multifamily
Adaptive Reuse

Lincoln Park
$4.5MM
Chicago, IL
|
Office
Bridge

Lincoln Park
$4.5MM
Chicago, IL
|
Office
Bridge

Lincoln Park
$4.5MM
Chicago, IL
|
Office
Bridge

Weeling
$2.2MM
Wheeling, IL
|
Multifamily
Bridge

Weeling
$2.2MM
Wheeling, IL
|
Multifamily
Bridge

Weeling
$2.2MM
Wheeling, IL
|
Multifamily
Bridge

Hyde Park
$2.3MM
Chicago, IL
|
Condos
Ground-Up Construction

Hyde Park
$2.3MM
Chicago, IL
|
Condos
Ground-Up Construction

Hyde Park
$2.3MM
Chicago, IL
|
Condos
Ground-Up Construction

Washington Park
$2.0MM
Milwaukee, WI
|
Multifamily
Bridge

Washington Park
$2.0MM
Milwaukee, WI
|
Multifamily
Bridge

Washington Park
$2.0MM
Milwaukee, WI
|
Multifamily
Bridge

Armitage Street, LLC (“Lender”) and its affiliates originate business purpose loans. Loans are for business purposes only and not for personal, family, or household use. This does not constitute a commitment to lend. All loans must satisfy Lender’s underwriting guidelines and due diligence.
© 2025 All rights reserved. Armitage Street LLC

Armitage Street, LLC (“Lender”) and its affiliates originate business purpose loans. Loans are for business purposes only and not for personal, family, or household use. This does not constitute a commitment to lend. All loans must satisfy Lender’s underwriting guidelines and due diligence.
© 2025 All rights reserved. Armitage Street LLC

Armitage Street, LLC (“Lender”) and its affiliates originate business purpose loans. Loans are for business purposes only and not for personal, family, or household use. This does not constitute a commitment to lend. All loans must satisfy Lender’s underwriting guidelines and due diligence.
© 2025 All rights reserved. Armitage Street LLC