TY 2022 MortgagesAndNotesPayableSch
Name:
John D and Catherine T MacArthur Foundation (Consolidated)
Software Version:
2022v5.0
Total Mortgage Amount: 45,555,970
| Item No. |
1 |
| Lender's Name |
CALVERT IMPACT CAPITAL |
| Lender's Title |
|
| Relationship to Insider |
|
| Original Amount of Loan |
50,000,000 |
| Balance Due |
44,473,846 |
| Date of Note |
2016-06 |
| Maturity Date |
2032-09 |
| Repayment Terms |
QUARTERLY |
| Interest Rate |
3.52 |
| Security Provided by Borrower |
THIS IS A LOAN TO ARC, LLC, GUARANTEED BY MACARTHUR FOUNDATION IN THE AMOUNT OF $15 MILLION. |
| Purpose of Loan |
IMPACT INVESTMENTS TO BENEFIT LOW-INCOME CHICAGO COMMUNITIES. |
| Description of Lender Consideration |
NONE |
| Consideration FMV |
0 |