Essex Capital Markets Closes $73.4 Million in Q3 Transactions
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CHICAGO, Oct. 13, 2026 /CourierPR/ -- Essex Capital Markets, a Chicago-based commercial real estate debt and equity advisory firm, has announced the successful closure of 22 transactions totaling $73.4 million in the third quarter of 2026. The transactions involved 293 units, ranging in value from $785,000 to approximately $19.6 million.
The largest closing was for 226 W. Ontario St., a 70-unit River North office-to-residential conversion. This deal was financed with a floating-rate community bank loan. The second-largest transaction was a $14.5 million short-term, fixed-rate private loan for 691 N. Milwaukee Ave., a 35-unit property in the River West neighborhood.
Additional highlights from the quarter include: - 2254 N. Sawyer Avenue (Logan Square): A $5.65 million, 23-unit property financed with a fixed-rate permanent loan from a regional bank. - 1035 W. Byron Street (Lakeview): A $3.4 million, 15-unit property also secured with a fixed-rate permanent loan from a regional bank. - 501 Basil Road (Lake Bluff): A $2.875 million, 24-unit property financed through a fixed-rate permanent loan from a national bank. - 2323 W. Grand Avenue, Phase 1 (West Town): A $2.655 million floating-rate land loan from a community bank for a planned ground-up multifamily development.
Founded in 2024 as part of the Essex companies, which includes Essex Realty Group, a leading mid-market multifamily brokerage since 1990, Essex Capital Markets sources and structures financing for acquisitions, refinancings, and development projects across all property types. The firm's focus on providing debt and equity solutions for mid-market and institutional investors and developers underscores its commitment to supporting the real estate market.
Director Quinn Keenan expressed gratitude for the trust placed in the firm by its clients and the lenders who assisted in closing these deals.
These transactions reflect the firm's ability to navigate the complexities of the current market and deliver successful outcomes for its clients.