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

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Armitage Street

Commercial

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Armitage Street

Commercial

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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

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Mixed-Use Condo

Ground-Up Construction

Lincoln Square
$8.3MM

Chicago, IL

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Mixed-Use Condo

Ground-Up Construction

Lincoln Square
$8.3MM

Chicago, IL

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Mixed-Use Condo

Ground-Up Construction

West Town
$6.9MM

Chicago, IL

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Mixed-Use Condo

Ground-Up Construction

West Town
$6.9MM

Chicago, IL

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Mixed-Use Condo

Ground-Up Construction

West Town
$6.9MM

Chicago, IL

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Mixed-Use Condo

Ground-Up Construction

Edgewater
$12.5MM

Chicago, IL

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Mixed-Use Condo

Ground-Up Construction

Edgewater
$12.5MM

Chicago, IL

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Mixed-Use Condo

Ground-Up Construction

Edgewater
$12.5MM

Chicago, IL

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Mixed-Use Condo

Ground-Up Construction

Avondale
$2.1MM

Chicago, IL

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Mixed-Use Multifamily

Gut Renovation

Avondale
$2.1MM

Chicago, IL

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Mixed-Use Multifamily

Gut Renovation

Avondale
$2.1MM

Chicago, IL

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Mixed-Use Multifamily

Gut Renovation

West Loop
$3.0MM

Chicago, IL

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Office

Cash-Out Refinance

West Loop
$3.0MM

Chicago, IL

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Office

Cash-Out Refinance

West Loop
$3.0MM

Chicago, IL

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Office

Cash-Out Refinance

Lincoln Park
$2.5MM

Chicago, IL

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Multifamily

Ground-Up Construction

Lincoln Park
$2.5MM

Chicago, IL

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Multifamily

Ground-Up Construction

Lincoln Park
$2.5MM

Chicago, IL

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Multifamily

Ground-Up Construction

West Loop
$6.6MM

Chicago, IL

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Multifamily

Adaptive Reuse

West Loop
$6.6MM

Chicago, IL

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Multifamily

Adaptive Reuse

West Loop
$6.6MM

Chicago, IL

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Multifamily

Adaptive Reuse

West Ridge
$2.0MM

Chicago, IL

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Multifamily

Value-Add Renovation

West Ridge
$2.0MM

Chicago, IL

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Multifamily

Value-Add Renovation

West Ridge
$2.0MM

Chicago, IL

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Multifamily

Value-Add Renovation

East Town
$8.0MM

Milwaukee, WI

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Multifamily

Adaptive Reuse

East Town
$8.0MM

Milwaukee, WI

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Multifamily

Adaptive Reuse

East Town
$8.0MM

Milwaukee, WI

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Multifamily

Adaptive Reuse

Lincoln Park
$4.5MM

Chicago, IL

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Office

Bridge

Lincoln Park
$4.5MM

Chicago, IL

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Office

Bridge

Lincoln Park
$4.5MM

Chicago, IL

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Office

Bridge

Weeling
$2.2MM

Wheeling, IL

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Multifamily

Bridge

Weeling
$2.2MM

Wheeling, IL

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Multifamily

Bridge

Weeling
$2.2MM

Wheeling, IL

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Multifamily

Bridge

Hyde Park
$2.3MM

Chicago, IL

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Condos

Ground-Up Construction

Hyde Park
$2.3MM

Chicago, IL

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Condos

Ground-Up Construction

Hyde Park
$2.3MM

Chicago, IL

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Condos

Ground-Up Construction

Washington Park
$2.0MM

Milwaukee, WI

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Multifamily

Bridge

Washington Park
$2.0MM

Milwaukee, WI

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Multifamily

Bridge

Washington Park
$2.0MM

Milwaukee, WI

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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