Wednesday, July 24, 2013

Developer of West Loop Apartment Tower Lands $70 Million Loan

Photo from chicagorealestatedaily.com
Developer of West Loop Apartment Tower Lands $70 Million Loan
By: Alby Gallun | July 23, 2013

The developer of a 33-story West Loop apartment tower has secured a $70 million loan to finance the project, the 21st downtown multifamily high-rise to get under way in the current construction boom. A joint venture between Rosemont-based White Oak Realty Partners LLC and New Jersey-based Prudential Real Estate Investors borrowed the money from PNC Bank... Read More....

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