TY 2021 MortgagesAndNotesPayableSch
Name:
John D and Catherine T MacArthur Foundation (Consolidated)
Software Version:
2021v4.2
Total Mortgage Amount: 45,311,132
| Item No. |
1 |
| Lender's Name |
CALVERT IMPACT CAPITAL |
| Lender's Title |
|
| Relationship to Insider |
|
| Original Amount of Loan |
50,000,000 |
| Balance Due |
45,555,970 |
| Date of Note |
2016-06 |
| Maturity Date |
2032-09 |
| Repayment Terms |
QUARTERLY |
| Interest Rate |
3.51 |
| 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 |