First Bank And Trust Company Of Illinois

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Description

  • Chicago based, national lender focused on refinancing, acquisition, bridge, and working capital lending opportunities. We are currently looking to diversify our commercial real estate exposure and are able and willing to get creative in looking at various business lines.All transactions are funded on a portfolio basis without the transaction costs or restrictions of securitized structures.Compact management team and approval process capable of executing transactions quickly and efficiently, particularly where unique deal aspects require the attention of senior, seasoned finance professionals.The following is a sampling of indicative deal terms and sample transactions:Loan Size: Typically $1MM to $5MM; the Bank has the capability of completing larger transactions up to $7.5MM and will consider transactions with participants. Advance Rates: Leverage is dependent on the characteristics of the individual transaction and the sponsors experience and financial strength.Loan Types:- Investment Grade Properties (including construction)- Apartments (Class A/B, minimum occupancy of 70%)- Manufactured Housing (100+ pads, 3 star or better)- Student Housing- GSA- Tax Lien Investments (up to 90% advance rates)- TIF/Bond Monetization- Jumbo non-conventional residential mortgages- Cash Surrender Value Loans- Various Investment Lines of Credit
  • location

    Headquarters:300 East Northwest Highway , Palatine, Illinois, United States

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  • First Bank And Trust Company Of Illinois phone

    Phone Number: +1 847-358-6262

  • First Bank And Trust Company Of Illinois website

    Website: https://www.firstbankillinois.com

  • First Bank And Trust Company Of Illinois employees

    Employees:12

  • First Bank And Trust Company Of Illinois revenue

    Revenue:$1 - 10M

  • First Bank And Trust Company Of Illinois legal name

    Legal Name:First Bank And Trust Company Of Illinois

  • First Bank And Trust Company Of Illinois's Social Media

    First Bank And Trust Company Of Illinois linkedin
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  • |  NAICS Code: 522110  |

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Person level website identification

Senior Vice President - Chief Lending Officer for First Bank And Trust Company Of Illinois

Emad Murrar

Senior Vice President - Chief Lending Officer

Person level website visitor identification

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View Employees

Emad Murrar

Senior Vice President - Chief Lending Officer

Michael Mccann

Vice President - Corporate Banking

Oliver Sabugal

Vice President Lending Officer

Susan Bosco

Vice President Deposit Operations

Ken Eiserman

Vice President

Frequently Asked Questions regarding First Bank And Trust Company Of Illinois

  • Where are First Bank And Trust Company Of Illinois's Headquarters?

    First Bank And Trust Company Of Illinois's Headquarters are in 300 East Northwest Highway ,Palatine,Illinois,United States

  • What is First Bank And Trust Company Of Illinois's phone number?

    First Bank And Trust Company Of Illinois's phone number is +1 847-358-6262

  • What is First Bank And Trust Company Of Illinois's official website?

    First Bank And Trust Company Of Illinois's official website is https://www.firstbankillinois.com

  • What is First Bank And Trust Company Of Illinois's Revenue?

    First Bank And Trust Company Of Illinois's revenue is $1 - 10M

  • What is First Bank And Trust Company Of Illinois's NAICS code?

    First Bank And Trust Company Of Illinois's NAICS code is 522110

  • How many employees are working in First Bank And Trust Company Of Illinois

    First Bank And Trust Company Of Illinois has 12 employees

  • What is First Bank And Trust Company Of Illinois's Industry?

    First Bank And Trust Company Of Illinois is in the industry of Banking

  • Who is First Bank And Trust Company Of Illinois's Senior Vice President - Chief Lending Officer?

    First Bank And Trust Company Of Illinois's Senior Vice President - Chief Lending Officer is Emad Murrar

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