Stratton Capital Group, LLC. Closes $18.4 Million Loan for All American Construction’s Exciting New Multifamily Development in Downtown Springfield

Springfield, December 22, 2025 — In a significant move aimed at boosting local housing, Stratton CG, a trusted name in private commercial lending, is pleased to announce the successful closing of an $18.457 million loan with All American Construction for their latest project, "River View Apartments." This multifamily development promises to transform the skyline of downtown Springfield, providing modern living spaces just in time for the upcoming housing needs in the area.

Project Overview:

River View Apartments will feature 150 contemporary residential units designed to cater to the increasing demand for quality housing in downtown Springfield. Nestled along the scenic Riverside Park, this development will offer residents stunning views, green space, and easy access to vibrant downtown attractions.

Prime Location Highlights:

Accessibility: Located just a five-minute walk from Springfield City Plaza, home to a variety of retail shops, dining options, and entertainment venues.

Community Integration: Close to Springfield University, ensuring convenient housing for students and faculty alike.

Transportation: Adjacent to major public transit routes, enhancing accessibility for all residents.

Key Deal Details:

Loan Amount: $18.457 million

Term Structure: 60 months fixed-rate term

Interest Rate: Competitive rate of 9.79%

Use of Funds: Funds will be directed toward land acquisition, construction costs, and working capital to ensure the project’s success and timely completion.

Quote from Leadership:

"We are excited to partner with All American Construction on the River View Apartments project," said Lantz George, Co-CEO of Stratton Capital Group, LLC. "This development is poised to enhance the quality of living in downtown Springfield while meeting the growing housing demand. We take pride in our role in making this transformative project a reality for the community."

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