Related Midwest and its partner recouped their original equity investment and then some by refinancing a new 500-unit Lake Shore Drive apartment tower with a $175 million loan.
The firm moved from approximately 5K SF at 216 West Ohio. Rate Lock loan in Chicago. The $50.4M loan refinances two suburban properties, The Residences at 159 Tinley Park, a 208-unit development in.
between Downtown Houston and the Galleria within Houston’s Inner Loop. The 10.75-acre site has direct access. the multi-housing complex offers a mix of one-, two- and three-bedroom luxury apartment.
CA Ventures is looking to sell its just-completed 320-unit apartment complex in the South Loop. The Chicago-based company didn. square-foot lease with CDW at its newly-built office tower at 625.
Commercial Loans and the Profit Ratio WATCH: Behind Barnett’s big gamble on Central Park Tower NEW YORK, Oct. 15, 2018 – Nationally acclaimed real estate development firm extell development company announced today the launch of sales for the tallest residential building in the world. A beacon of glass and steel rising 1,550 feet on famed Billionaire’s Row in New York City, Central Park Tower will be one of the most prestigious addresses in the world.LISBON, July 15 (Reuters) – Portugal’s Novo Banco, controlled by U.S. private equity fund Lone Star, expects to halve its non-performing loan. profit rose more than 3% to 85 million euros with the.
UPDATE, Feb. 2o, 5:30 p.m. Related Midwest refinanced its Landmark West Loop apartment building with an $105 million loan from Morgan Stanley. The Chicago-based developer took out the loan on its.
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Midwest Loan Services provides private-label mortgage subservicing to community banks throughout the United States. Founded in 1992, the company offers a unique customer service approach and industry-leading technologies that help banks retain borrowers, reduce costs and ensure regulatory and operational compliance.
The cranes will be rising at 1326 South Michigan Ave. for the foreseeable future after the project’s developers, Murphy Development and CIM Group, scored some eight-figure financing. The JV was.
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In other news, TribLocal announces that the Sheraton hotel in Arlington Heights, which was recently acquired by the Argent Group, could be converted from a decaying building into a luxury apartment.
Another important real estate transaction was closed in Chicago’s Lincoln Park neighborhood with newcastle limited acquiring a 48-unit apartment building at 2727 North Pine Grove for $5.9 million.
Metropolitan Square is located in the heart of Des Plaines, at 518 Metropolitan Way, only one block away from the Des Plaines Metra station, and is surrounded by communities such as Kingston Pointe.
Since the beginning of the year, Presidium has acquired over 2,000 apartment units in Texas and several development. just a few miles northwest of Loop 1, in the Northwest Austin corridor near two.