Oct 23, 2025
Deal Closed! $2.3 Million Secured by a Mobile Home Park in Worth, IL.
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Stabilis is pleased to announce the closing of a $2,250,000 senior-secured bridge loan secured by a mobile home park in Worth, IL.
Stabilis funded a borrower looking to fund capital improvements into a 93-pad site mobile home park. The property benefits from high occupancy, below-market in-place rents, and a strong location in a dense, working-class class suburb of Chicago. Stabilis was able to meet the borrower's expedited closing timeline and provide certainty of financing prior to the cold winter months.
Contact: Joe Podesta, 212-256-8979, josephpodesta@stabiliscap.com
$2M - $75M
Loan Amount
SOFR + 3.25%
Starting Rate
12-24 Months
Duration
1st Position
Senior Secured
Loan Buyer
Performing/Sub-performing
