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ClosedPublished 10 Jul 2026

Lincoln Technical Institute /
the Property

Lincoln Technical Institute, Inc. Completes Melrose Park Property Purchase

Buy side: Lincoln Technical Institute
Buy sideLincoln Technical Institute
Target: the Property
Targetthe Property
LINCOLN EDUCATIONAL SERVICES CORPORATION · 10 Jul 2026Source
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Buy side: Lincoln Technical Institute
Buy sideLincoln Technical Institute
Target: the Property
Targetthe Property
01 / BuyerLincoln Technical Institute
02 / Targetthe Property
Source for the buyer and target: LINCOLN EDUCATIONAL SERVICES CORPORATION

For the buyer and target.

“In order to fund a portion of the purchase price for the Property acquired, as described in Item 2.01 above, Lincoln Technical Institute entered into the following principal loan documents on July 7, 2026 with or for the benefit of Provident Bank: (i) Loan Agreement; (ii) Promissory Note, (iii) Mortgage, Assignment of Rents and Leases, Security Agreement and Fixture Filing, and (iv) Continuing Agreement of Guaranty and Suretyship.”

Published 10 Jul 2026

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01

What happened

Lincoln Technical Institute, Inc. completed its purchase of the Property on July 7, 2026. The Property is located at 8315-8317 W. North Avenue, Melrose Park, IL 60160, where the Company previously operated its Melrose Park campus. [01]

The purchase price was $18,800,000.00 as adjusted. The Company obtained $15,040,000.00 in mortgage financing from Provident Bank to fund a portion of the purchase price, with the remainder funded by cash on hand. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · LINCOLN EDUCATIONAL SERVICES CORPORATION

Lincoln Technical Institute, Inc. Completes Melrose Park Property Purchase

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03

Timeline

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  1. Closed

    “Lincoln Technical Institute, Inc. Completes Melrose Park Property Purchase Lincoln Technical Institute, Inc. completed its purchase of the Property on July 7, 2026”

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  2. Published by LINCOLN EDUCATIONAL SERVICES CORPORATION

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This dealLincoln Technical Institute / the PropertyClosed · Published 10 Jul 2026
BuyerLincoln Technical Institute
This dealLincoln Technical Institute / the Property

Closed · Lincoln Technical Institute / the Property deal (Closed, published 10 Jul 2026).

Closed 7 Jul 2026
Timeline
  1. Closed
  2. Published by LINCOLN EDUCATIONAL SERVICES CORPORATION
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