---
title: Sétanta has closed a new $6.53MM loan in the Chicago, IL MSA
description: Sétanta Development Capital announces a new loan closing in the Chicago, IL MSA. The $6.53MM loan finances land acquisition and development of 72 townhome lots to be acquired by a leading national homebuilder.
---

[Sétanta Announcements & Project Updates](https://setantadc.com/announcements)

# [Sétanta has closed a new $6.53MM loan in the Chicago, IL MSA](https://setantadc.com/announcements/sétanta-has-closed-a-new-6.53mm-loan-in-the-chicago-il-msa)

 Written by [Sétanta DC](https://setantadc.com/announcements/author/sétanta-development-capital) | Apr 28, 2026 4:18:12 PM

Sétanta Development Capital recently closed a $6.53 million loan to finance the acquisition and development of 72 townhome lots in Hoffman Estates, IL.  This represents our second opportunity with this quality sponsor, who is delivering finished lots to a national homebuilder.

[View full post](https://setantadc.com/announcements/sétanta-has-closed-a-new-6.53mm-loan-in-the-chicago-il-msa)

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