Thursday, January 21, 2021

New York Developer Lands Loan for New West Loop Office Building

By: Danny Ecker | 1/21/21 | Crain's Chicago Business

A New York investor that's betting there's room for more downtown Chicago office space, despite the highest vacancy rate on record, has found a lender who agrees. Real estate developer Vista Property Group landed a nearly $31 million construction loan from Little Rock, Ark. - based Bank OZK to develop a 15-story office building at 601-609 W Randolph St., according to brokerage Jones Lang LaSalle. Read More....

Photo: Antunovich Associates

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